Full Year Results 

Carr's ruminating on feed volumes

Carr's ruminating on feed volumes

Much of the pain suffered by Carr’s (CARR) during the year to September was well flagged before the release of this set of numbers. Lower cattle prices in the US and a delay in one of its major engineering contracts resulted in a reduction in underlying operating profits of more than a quarter year on year. The good news is that both the agriculture and engineering businesses experienced signs of recovery during the latter half of the year, while manufactured feed volumes in the UK were up 10.9 per cent.

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