Waterlogic Plc interim results for the sixth months ended 30 June 2011, following its successful admission to AIM in July 2011, are group revenue up 29% to US$39m, Ebitda up 43% to $5.6m and net income increased to $1.5m.
China Modern Dairy Holdings sees FY 2010/11 revenue climb 88.8% to RMB 1.11bn, boosting net profit by 127.2% to RMB 243.9m.
SnackTime posts a 126% rise in FY 2011 revenue to £17.3m, bolstered by the acquisition of Vendia UK.
Diamond Foods reported record financial results for its fiscal 2011 fourth quarter and full year. For the three months ended 31 July 2011, the first full comparable quarter since the acquisition of Kettle Foods, non-GAAP net income grew 58% to $11.9m and non-GAAP fully diluted earnings per share (EPS) grew 53% over the prior year’s quarter to $0.52. During the quarter, the Company incurred $9.4m in acquisition and integration costs related to the purchase of Kettle Foods in 2010 and the pending acquisition of Pringles. Including these charges, GAAP net income grew 27% to $8.5m and GAAP fully diluted EPS was $0.37, up 23%.
Clover reports a 6.2% increase in FY 2011 revenue to Rand 6.54bn, but with profit falling to Rand 179.6m from Rand 330.8m the previous year.
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