Ingham's posts 2.5% gain in FY earnings in NZ, cites improved trading from second half

Mon, 21 Aug 2017

By Jonathan Underhill Aug. 22 (BusinessDesk) - Ingham's Group, which is the number two poultry producer in New Zealand behind Tegel Group, reported a 2.5 percent gain in New Zealand earnings, saying trading improved in the second half after a weak first half and the trend has continued into the 2018 year. Earnings before interest, tax, depreciation and amortisation at the company's New Zealand unit rose to A$36.2 million in the 53 weeks ended June 30, from A$35.3 million a year earlier, according to the Sydney-based company's annual resul...

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