Anpario - the international producer and distributor of natural feed additives for animal health, hygiene and nutrition - posts adjusted pre-tax profits of £1.7m for the six months to the end of June, 9% up on last time.
Adjusted earnings before interest, tax, depreciation and amortisation rose by 5% to £2.0m and cash balances of £10.9m were up from £7.9m a year ago.
Chairman Richard S Rose said: "In the first half, the resilience and positioning of Anpario delivered both a modest profit growth and an improved cash position and we are building on that.
"We are still in a transition phase of building stronger commercial relationships with end users but we remain confident that the Group will continue to make steady progress growing the business. Our strong balance sheet gives Anpario a sound platform from which to implement change and build earnings growth organically while also seeking acquisition opportunities."
(LON:ANP) Anpario PLC share price was -2.5p at 262.5p