2 August 2022 - interim results

This leading producer of collagen products for the food industry has released interim results for the six months to 30 June which have shown an 8.3% rise in revenue to £129.8m although underlying pre-tax profits have declined to £15.9m (2021: £17.7m).  Earnings per share on the same basis have declined to 7.5p from 8.7p although the group has raised its interim dividend to 2.9p (2021: 2.8p).  The results were adversely affected by foreign currency movements and higher input costs although the group is increasing prices to . . .

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