Interim Results Presentation
April 2022
Highlights
Peter Page - Executive Chairman
Highlights
Full year performance expectations unchanged
£10.3m | 1.175p | |
-2.3% | Unchanged | |
Revenue | Adjusted* PBT | Interim dividend |
259kt | 102kt | £44.2m |
-2.5% | +0.8% | +13.8% |
Total feed | Feed blocks / minerals | Engineering order book |
* Adjusted PBT is consistent with how business performance is measured internally. It excludes amortisation of acquired intangible assets, adjustments to contingent consideration, strategic review costs, cloud configuration and customisation costs, impairment charges, restructuring costs, and the effect of deferred tax rate changes
Highlights (continued)
• Strong performance in Agricultural Supplies despite significant raw material cost increases
• Engineering order book value increased 14% during H1 with improved utilisation and stronger margins
• Speciality Agriculture margins impacted by timing difference between input cost increases and sale price movements
• Full year outlook in line with Board's expectations
Financial and Operational Review
Neil Austin - Chief Financial Officer
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Carr's Group plc published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 08:14:09 UTC.