Kiotech International Plc, the international supplier of natural feed additives in the agriculture and aquaculture markets, reported solid interim results for the 6 months to 30 June 2010. Sales grew by 217% to £11.082 million (H1 2009: £3.468 million) on the back of last September's acquisition of Optivite. PBT increased by 157% to £0.777 million (H1 2009: £0.302m).

The balance sheet remains strong with good cash generation and the Company ended the period with a cash balance of £4.6m (30 June 2009: £1.8 million; 31 December 2009: £5.0 million).

KIO shares have depreciated by 11.4% over the last year.

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