ForFarmers sees ‘disappointing’ first-half results
Efficiency plans brought about the closure of 4 feed mills so far this year
ForFarmers Group reported what it called “disappointing” results for the first half of 2019.
The European farmers cooperative reported a 61.5% decline in underlying profit, to EUR11.9 million (US$13.2 million), and a 1.7% drop in gross profit, to EUR214.1 million.
Revenue rose by 11.6% (EUR132.8 million) to EUR1,274 million, including…