StockMarketWire.com - Food-focused genetics business Benchmark said it expected lower annual earnings, as growth in its advanced nutrition division was hindered by adverse conditions in the shrimp, seabass and seabream markets.
Adjusted operating earnings for the year through September were expected to be in the region of £13m to £14m, compared with £17m on-year.
Revenue was expected to fall 2% to about £148m.
The company said the fall in earnings and revenue was in line with market expectations.
At 8:34am: [LON:BMK] Benchmark Holdings Plc share price was -3p at 46.5p
Story provided by StockMarketWire.com
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