2 Agriculture reports improvements in profit, gross margin

Despite a dip in revenue for the past financial year, United Kingdom-based feed company 2 Agriculture Ltd. posted year-on-year improvements in operating profit and gross margin percentage.

Earnings Profit
Phongphan | BigStock.com

For the 52-week period to December 30, 2023, poultry and feed company 2 Agriculture Ltd. reported total sales of almost GBP492.8 million (US$660 million). The figure represents a year-on-year dip of 1.3%, according to the report. For both reporting periods, all revenue was generated in the United Kingdom (U.K.).    

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