Carr's Milling Industries PLC (CRM.L), in its interim management statement stated that financial performance for 18 week was ahead of last year, with results for the year to date being ahead of budget. The Board is confident that strong earnings growth would be achieved for the full year.
In the UK, sales and margin growth in retail and machinery reflects the gains from the increased range of products. The unusually colder weather during April and May also had a beneficial impact on demand for feeds and fuel, the company added.
Carr's noted that the feed block business continues to perform as expected. Strong growth in sales of low moisture products was achieved in the USA, mainly in the northern states due to the recovery in herd numbers. The performance in both the UK and Europe of Crystalyx, low-moisture feed blocks, continued as expected.
Further performance of flour milling business has continued to be depressed by the long-term capacity issues experienced by the industry. The new flour mill would be at the forefront of mill design, innovation and technology, with commissioning expected in September 2013.
The company stated that a second interim dividend of 7.25 pence per share would be paid on 5 October 2012 to shareholders on the register on 14 September 2012.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.