Kiotech International, the international supplier of natural feed additives in the agriculture and aquaculture markets, reported that its final results to December 2010 showed sales of £21.6 million (2009: £11.0 million), adjusted operating profit of £1.7 million (2009: £703,000), pre-tax profit of £1.5 million (2009: £1.4 million), adjusted EPS of 7.27p (2009: 4.6p) and DPS of 2.0p (2009: 1.15p).
The results include an exceptional charge of £261,000 (2009: £675,000 credit).The company reported that the results include a maiden full year for Optivite, acquired in August 2009; year end net cash was £3.5 million. The group has made a solid start to 2011.