IAWS H1 profits better than expected
13/03/2006 - 08:15:44Agri-food group IAWS has reported a better than expected 22.6% increase in its pre-tax profits for the six months to the end of January. Pre-tax profits rose to €49.4m as group turnover rose by 13.4% to €715m.
The company said that growth at its food business was satisfactory, despite a tough market and rising costs.
Diluted earnings per share for the half year increased by 19.8% to 33.13 cent, up from 26.65 cent in the previous six months.
