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«AgroInvest» — News — Continental Farmers Group released 2011 results

Continental Farmers Group released 2011 results

2012-03-27 12:59:40

Continental Farmers Group (LSE: CFGP) reported GBP 3.1 M for the year ended December 31, 18% increase from last year GBP 2.6 M. Group
also reported revenue increase of 19% to the level of GBP 25 M. The main factors named by the company that contributed to growth are successful
sales with increasing prices due to lower supply to the market and major crop expansion. The area under harvest increased to 18 369 hectares,
increasing crops in Ukraine by 23% to 15 927 hectares. Polish harvesters remained at the previous year level of 2 442 hectares.

AgroInvest comment: Yet another holding company that has reported strong 2011. CFGP will continue growth and expansion in 2012.
 

 

 

AgroInvest