Report

Carr's Group - Growth through innovation and technology

Carr’s Group has built market-leading positions in high-value, growing sectors in global agricultural and engineering markets by differentiating itself through innovative technologies. These include low-moisture feed blocks and highly specialised robotic arms for use in hazardous environments such as the nuclear industry. This strategy delivered a 7.0% rise in adjusted PBT during FY19, despite unfavourable weather conditions in both its main agriculture markets. The diversification also reduces the group’s exposure to UK government farming policy and any adverse effects of Brexit.
Underlying
Carrs Group

Carr's Group operates across the agriculture and engineering sectors which supplies products and services to countries around the world. Co.'s agriculture division includes an international feed block supplement business, and in the U.K., this division also sells animal feed, fertilizer, animal health products, fuel, farm machinery and rural supplies. Co.'s engineering division designs, manufactures and supplies precision parts, equipment, robotics and remote handling products. These products and services are supplied primarily into the nuclear, defense and oil and gas markets.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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