Benchmark still investing

Benchmark still investing

If you’re wondering why animal farming specialist Benchmark Holdings (BMK) can’t report a pre-tax profit when annual revenues rise by more than a quarter, it’s because the group is still in an investment-heavy phase. Last year Benchmark poured £15.2m into research and development (R&D), representing 11 per cent of total group sales. Analysts also suspect it could spend around £22m of a projected £55m-worth of net debt on specific projects this year.

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