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News and analysis on the global poultry
and animal feed industries.
on March 4, 2011

Avangardco net profit rises 38% in 2010

Egg output increased 22% to 4.4 million units

Ukraine egg producer Avangardco Investments Public Ltd. saw company net profits up 38% in 2010, according to reports.

Avangardco's net income reached $184.758 million in 2010, up from 2009's $133.669 million. Egg output increased 22% to 4.4 million units and poultry flock hit 24.3 million from 16.1 million. The company said it expects further growth in sales in 2011 as it begins exports to Russia.

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