Benchmark Holdings (BMK) strengthened and leveraged its diversified aquaculture platform in FY17. It also delivered 13% like for like revenue growth to £140m (adding back revenues for businesses acquired in FY16). The headline measure of adjusted EBITDA was flat at £10m year on year, with margins of 21% and 19% in Advanced Animal Nutrition (AAN) and Benchmark Genetics (BG) respectively, offset by headwinds in Animal Health (AH).
31 Jan 2018
Strong platform built to deliver growth
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Strong platform built to deliver growth
Benchmark Holdings Plc (BMK:LON) | 44.4 -0.7 (-3.4%) | Mkt Cap: 328.7m
- Published:
31 Jan 2018 -
Author:
Emma Ulker -
Pages:
9
Benchmark Holdings (BMK) strengthened and leveraged its diversified aquaculture platform in FY17. It also delivered 13% like for like revenue growth to £140m (adding back revenues for businesses acquired in FY16). The headline measure of adjusted EBITDA was flat at £10m year on year, with margins of 21% and 19% in Advanced Animal Nutrition (AAN) and Benchmark Genetics (BG) respectively, offset by headwinds in Animal Health (AH).