Company information: Provimi 2010 results

Provimi shows strong performance in 2010 with a profit of €54.1 million (US$76.6 million) from continued operations. In 2009 a loss of €31.3 million (US$44.318 million) was recorded. Turnover in 2010 increased by 10.8 percent to €1.615 billion (US$2.287 billion).

“Provimi has a clear strategy to focus on its core animal nutrition business. There are considerable growth opportunities in the fast growing emerging markets for our animal nutrition business today, driven by the rise in protein consumption, and we remain focused on expanding our presence in those regions,” Ton van der Laan, Group Chief Executive Officer commented. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.