Carr’s Group (CARR); delivers promised recovery

Published on 12-11-2018 10:02:56

The FY18 results for Carr’s Group show that it has delivered the promised recovery in both divisions. This is partly the result of favourable market conditions which have boosted demand for feed blocks in the US and a wide range of agricultural inputs in the UK.

It is also the result of prior year investment, for example in feed block production capacity in Tennessee which gives access to new geographic markets; and in acquisitions such as nuclear engineering specialist NuVision which strengthens the group’s presence in the US.

The FY18 results for Carr’s Group show that it has delivered the promised recovery in both divisions. This is partly the result of favourable market conditions which have boosted demand for feed blocks in the US and a wide range of agricultural inputs in the UK.

It is also the result of prior year investment, for example in feed block production capacity in Tennessee which gives access to new geographic markets; and in acquisitions such as nuclear engineering specialist NuVision which strengthens the group’s presence in the US.

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