UK's Benchmark Plc rises on upbeat FY profit outlook

Benchmark Electronics

24/10/2022 09:02

** Shares of aqua-culture biotech co Benchmark Plc  BMKB.L   
rise 5.7% to 39.9p 
    ** Co sees FY adjusted core profit in the range of 30 mln
pounds-31 mln pounds ($35.16 mln), ahead of consensus market
expectations of 27.7 mln pounds
    ** BMKB benefits from strong performance from all three of
its unit: genetic, advanced nutrition and health
    ** Says its unit Genetics ended FY above management
expectations , due to a strong demand of salmon eggs in Q4
    ** Shares down nearly 32% so far this year as of last close
($1 = 0.8816 pounds)
 (Reporting by Anchal Rana in Bengaluru)
 ((Anchal.Rana@thomsonreuters.com;))