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Fevara, the livestock supplement specialist, reported positive results with good margin expansion and profit improvement, benefiting from management’s restructuring actions. In terms of growth, the recent Brazilian acquisition provides a bridgehead in a major new market for cattle supplements. Add in the upside from the ‘profitable growth’ programmes in the UK and North America and the re-focused group appears well-positioned to generate continued positive profit progression.
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Fevara (FVA)
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