25 January 2012 – final results

The results for the year to October 2011 were a record with revenues up 42% to £346.2m (£244m 2010) and pre-tax profit up 16% to £7.4m (£6.4m 2010). A strong profit performance against a challenging background of commodity price volatility underpins the group’s long term, steady growth prospects. Supported by net asset backing of 311p the shares remain a LONG TERM BUY.