Formerly Kiotech International, Anpario Plc, has increased its profits for 2011. This is the international supplier of natural high-performance feed additives that enhance growth, health and sustainability in agriculture and aquaculture.
Underlying profit, before tax, increased to UK£2.1 million from UK£1.9 million in 2010 from revenues of UK£19.2 million (2010: UK£21.6 million) - see here for more information.
“This has been another successful and encouraging year for the group. The performance is driven by two key factors: firstly the success of our strategy to reposition the UK business to focus on higher margin products; and secondly achieving the synergy benefits from the Optivite acquisition,” says Anpario's chief executive David Bullen.
Its broad geographic spread enabled the company to offset local issues in Middle Eastern and Southern European markets with strong performances in other territories.
Aquaculture
"We continue to take positive steps in developing the Aquatice® product from our research base in Thailand and are encouraged by progress in the Philippines, where trial results have been good and a significant aquaculture business has recognised Aquatice®’s effect in stimulating fish which are reluctant to feed whether due to stress, cold weather, or medication.
"We are also working with a number of other multi-national and local companies in the Asia Pacific region to agree distribution arrangements. Innovative technology like Aquatice® takes time to become established in conservative industries such as aquaculture and we believe we are making good progress in developing the product as a useful tool in fish farming for the future," say Mr Bullen.
This blog is written by staff at International Aquafeed Magazine which is published and supported by Perendale Publishers Limited. To get your copy of PPL's web application, 'PPLAPP' click here.
Underlying profit, before tax, increased to UK£2.1 million from UK£1.9 million in 2010 from revenues of UK£19.2 million (2010: UK£21.6 million) - see here for more information.
“This has been another successful and encouraging year for the group. The performance is driven by two key factors: firstly the success of our strategy to reposition the UK business to focus on higher margin products; and secondly achieving the synergy benefits from the Optivite acquisition,” says Anpario's chief executive David Bullen.
Its broad geographic spread enabled the company to offset local issues in Middle Eastern and Southern European markets with strong performances in other territories.
Aquaculture
"We continue to take positive steps in developing the Aquatice® product from our research base in Thailand and are encouraged by progress in the Philippines, where trial results have been good and a significant aquaculture business has recognised Aquatice®’s effect in stimulating fish which are reluctant to feed whether due to stress, cold weather, or medication.
"We are also working with a number of other multi-national and local companies in the Asia Pacific region to agree distribution arrangements. Innovative technology like Aquatice® takes time to become established in conservative industries such as aquaculture and we believe we are making good progress in developing the product as a useful tool in fish farming for the future," say Mr Bullen.
This blog is written by staff at International Aquafeed Magazine which is published and supported by Perendale Publishers Limited. To get your copy of PPL's web application, 'PPLAPP' click here.
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