9 January 2023 - trading update
The AIM-listed animal feed additives group has released a trading update for the year to 31 December which has revealed that trading in the final quarter of the year was weaker than expected. In particular, trading in China in December was particularly affected by the spread of Covid in the country which impacted customer orders, whilst there were also logistical issues which meant that certain export sales have been delayed into 2023. The company has also suffered from additional cost pressures which has affected margins although these are now recovering due to increases in . . .
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