7th December 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...
4th December 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...
​Sales growth was muted y/y with low commodity prices impacting cropping and stock feed operations.Retailing business delivered strong revenue growth and cold chain business delivered double digit volume growth, but margins decline.EBIT declines were mainly driven by a sharp fall in soya prices (-32% y/y) impacting stock feed and cropping profitability. Reported EPS misses ACe. Stock under review.
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