Brief: Ovostar Union NV FY 2016 net profit lowers to $22.2 mln

Ovostar Union NV

20/04/2017 06:54

April 20 (Reuters) - Ovostar Union NV  OVO.WA : 
    * FY 2016 net profit $22.2 million versus $31.0 million year ago 
    * FY 2016 revenue $77.7 million versus $75.6 million year ago 
    * FY 2016 EBITDA $24.1 million versus $34.8 million year ago 
    * FY 2016 egg production increased by 24 percent year on year to 1.48 billion eggs 
    * As at Dec. 31, 2016 total flock grew by 16 percent to 7.6 million hens, while laying hens 
flock increased by 22 percent and reached 6.5 million hens 
    * Sees that in 2017 export sales will generate over 35 percent of total revenue 
 
Source text for Eikon:  ID:nEM2096636  
Further company coverage:  OVO.WA  
 
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