Darling International Inc. reported improved performance in the first quarter. The company attributed results to better finished product prices, lower energy costs and strong results from 2009 acquisitions. The company had net sales of $162.8 million compared to $133.0 million for the first quarter of 2009, a $29.8 million increase. Net income rose to $11.5 million, or $0.14 per share, compared to $4.8 million, or $0.06 per share, for the same period a year ago.
Darling International Inc. is a Texas-based, publicly traded, food processing by-products recycling company. It recycles used restaurant cooking oil and by-products from the beef, pork and poultry processing industries into useable products such as tallow, feed-grade fats, meat and bone meal and hides.