Anpario sees profit, revenue in line with expectations
Source - SMW
Animal feed company Anpario said it had delivered a 'strong' annual revenue and profit performance in line with expectations.
The company's ability to convert profit into cash was demonstrated by a cash balance of £13.6m at year end, compared to £11.1m a year earlier, it said.
'The strategic initiatives of recruiting a new senior management team, both centrally and regionally, and unifying our brands under the Anpario name, are helping to raise the company's profile in key global markets,' the company said.
At 2:37pm: (LON:ANP) Anpario PLC share price was -5p at 488p