Brief: Ovostar Union FY 2014 net profit down by 17 pct year on year

Ovostar Union NV

16/04/2015 06:25

April 16 (Reuters) - Ovostar Union NV  OVO.WA : 
    * FY 2014 revenue $74.9 million versus $80.3 million a year 
ago 
    * FY 2014 net profit $25.8 million versus $31.2 million a 
year ago 
    * FY 2014 EBITDA $29.1 million versus $36.2 million a year 
ago 
    * In 2014 egg production up by 16 percent year-on-year from 
893 million to 1.038 million 
    * Sees FY 2015 egg production of 1.3 million, FY 2016 of 1.6 
million 
    * Due to unstable Ukrainian Hryvnia exchange rate, decides 
to increase sales of shell eggs and dry egg products to export 
destinations 
    * Volume of eggs sold in 2014 up by 25 percent year on year 
to 733 million, which resulted in revenue of $49 million versus 
$51 million year ago 
 
Source text for Eikon:  ID:nEM1675562  
Further company coverage:  OVO.WA  
 
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