15 July 2020 - trading update

The agriculture and engineering group has issued a positive trading update for the 19 week period to 11 July with no material financial impact from Covid-19.  The agriculture division is trading ahead of expectations with a solid performance from the UK, with farmers maintaining normal livestock operations and a higher level of demand for animal feeds, supplements and fuel has increased revenues.  The Engineering division has seen some interruption to nuclear and defence projects and has also been adversely affected by the lower oil price.  Overall though the group has performed well and cash . . .

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