Kiotech profits on the up

Pre-tax profits at kiotech International increased by 32 percent, to UK£1.04 (US$1.635) million in the six months ending June. Mr Richard Rose the groups chairman said "the group has delivered a strong performance in the first half of the year and this is continuing improvement in our gross margin reflects our focus on our higher value feed additive ranges and close attention to selling prices. Read more ...

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

Andritz Group does better this year

Andritz the international technology group, did better this year in the second quarter of 2011, and increased in nearly all area's as compared to last years figures at the same period. Overall sales were €1,087.4 (US$1,551.666) million in the second quarter up 31 percent on the previous years figures of €829.9 (US$1,184.226) million.

Commenting on the outlook for the 2011 business year, President and CEO Wolfgang Leitner says: “At present, we see a good market environment and solid project activity. Only in the Metals business area, the moderate project and investment activity is expected to continue.” Read more ...

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