Carr’s Interims show a strong increase in revenue and profitability, as the group transitions to a pure play on agricultural animal food supplements. There has been a strong increase in net cash to £15.7m, with stronger operational cash flow. Post the period end, the group completed the sale of the Engineering division, for £75m gross, with a £70m return of cash to shareholders anticipated over the next few months. While it signals a greater weighting of trading in 1H than prior to the disposal ....
