Friday, May 6, 2011

UK - Kiotech International feed additive experts

Kiotech International plc, the supplier of natural high performance feed additives to enhance growth, health and sustainability in agriculture and aquaculture, has announced significantly increased its sales, profit and earnings per share in its preliminary results for the year ended December 31, 2010. During the year the group largely completed the integration of the Optivite Group, whose results are included for the full year.

Sales nearly doubled to UK£21.565 million (US$35.315 million) (2009 UK£10.955 million / US$17.94 million) boosted by a maiden full year contribution from Optivite coupled with organic growth (2009: 3 months contribution). Total underlying profit before tax and exceptional items more than doubled to UK£1.877 million (US$3.074 million) (2009: UK£0.764 million/US$1.251 million) with Profit before tax of UK£1.517 million (US$2.484 million) (2009: UK£1.409 million/US$2.307 million) includes exceptional costs of UK£0.261 million (US$0.427 million)relating to the restructuring of the Group. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers

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