Brief: Ovostar Union FY 2015 net profit up at $31.0 mln

Ovostar Union NV

14/04/2016 07:40

April 14 (Reuters) - Ovostar Union NV  OVO.WA : 
    * FY 2015 revenue $75.6 million versus $74.9 million year 
ago 
    * FY 2015 net profit $31.0 million versus $25.3 million year 
ago 
    * FY 2015 EBITDA $34.8 million versus $29.1 million year ago 
    * FY 2015 egg production increased by 15 pct to 1.20 billion 
eggs year on year  
    * Says in 2016 export sales are expected to generate over 30 
percent of company's total revenue 
    * In 2016 expects to export over 30 percent of total sales 
volume of shell eggs and over 50 percent of total sales volume 
of dry egg products 
    * As at Dec. 31, 2015 total flock grew by 16 percent to 6.5 
million hens, while laying hens flock increased by 0.9 million 
heads and reached 5.3 million hens 
 
     
Source text for Eikon:  ID:nEM1431628  
     
Further company coverage:  OVO.WA  
 
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