(“Anpario” or “the Company”)
Anpario issues a correction to the Company announcement made on 2 February 2017.
The announcement should have shown the higher cash balance of £11.1m and not £10.4m. The error was due to extracting a lower cash balance from an individual company level and not the group level.
Anpario, the international producer of natural feed additives for animal health, hygiene and nutrition, releases the following trading statement for the year ended 31 December 2016.
Anpario delivered a strong and improved second half revenue and adjusted profit performance in line with market expectation. During the year the Group has started to implement a number of strategic initiatives including a new senior management structure and the investment in new direct operations in key target markets to drive global and regional development opportunities. This has resulted in exceptional costs being incurred in the period and further details will be set out as part of the final results announcement.
The balance sheet remains strong and debt free with cash balances of £11.1m at the year end.
Anpario will announce the results for the year to 31 December 2016 on 8 March 2017.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations.
Richard Edwards Chief Executive Officer +44(0) 777 6417 129
Karen Prior Finance Director +44(0) 1909 537380
Peel Hunt LLP +44 (0)207 418 8900
Adrian Trimmings, George Sellar