Kiotech International plc Performance Update 2011
08 Febrero 2011 - 1:20AM
UK Regulatory
TIDMKIO
Kiotech International plc, supplier of high performance natural
feed additives to enhance health, growth and sustainability in
global agriculture and aquaculture markets, is providing a
performance update prior to entering its close period.
The group expects to report a very successful year, which has
seen the integration benefits of the Optivite acquisition realised
earlier than anticipated at the time of the acquisition in
September 2009. Accordingly, the underlying profit before tax and
the exceptional costs associated with the integration, is expected
to be ahead of market forecasts.
The balance sheet remains strong and debt free with cash
balances of GBP3.3 million at the year end.
The announcement of the results for the year to 31 December 2010
will be made in mid April 2011.
Richard Edwards, Chief Executive Officer, +44 (0)7776 417129
Karen Prior, Group Finance Director, +44 (0)1909 537380
FinnCap
Matthew Robinson / Henrik Persson - Corporate Finance
Stephen Norcross - Corporate Broking
+44 (0)20 7600 1658
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