Anpario 2021 pre-tax profit increased; Increase the dividend

By Michael Susan

Anpario PLC said on Wednesday that pre-tax profit for 2021 rose, despite inflationary pressures, and increased its dividend.

The animal feed additives maker said pre-tax profit for the 12-month period rose to £5.7 million ($7.4 million) from £5.4 million last year. last year.

Revenue increased by 9% to £33.4 million.

The board has proposed a final dividend of 7.0 pence per share, bringing the total dividend to 10.0 pence per share, from 9.0 pence declared last year.

The company said it was passing on commodity price inflation with expected increases in selling prices, noting a significant increase in grain, and seeing early signs of stabilizing cost prices.

However, he said recent events in Ukraine could impact commodity prices and create supply chain issues.

“We remain confident in the continued profitable development of the group with further investment in our operations, product technology and global sales channels to deliver effective solutions to the animal production industry,” said the chairman. Kate Allum.

Shares at 0921 GMT were up 20.0 pence, or 3.9%, at 530.0 pence.

Write to Michael Susin at [email protected]

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