Carbery Group delivers increases in profits and earnings

Carbery Group has reported an increase to €25m in its 2015 operating profits, up from €18.3m in 2014, plus a 33% rise in earnings before interest, depreciation, tax and amortisation to shareholders on a turnover of €349.5m.

The group’s year-end net debt was reduced 20% to €27.8m in 2015 (2013: €34.5m).

The year’s figures also included an exceptional credit of €6m from the sale of Carbery’s 50% stake in the Nutrifont joint venture in Brazil. The company says it remains acquisitive.