Trading Update and Notice of Results

RNS Number : 2671H

Benchmark Holdings PLC

16 May 2014

 



16 May 2014

Benchmark Holdings plc

("Benchmark" or the "Company" or the "Group")

Trading Update and Notice of Results

Trading Update

Benchmark, the sustainable food chain business, is pleased to announce that trading performance in the six months to 31 March 2014 was in line with the Board's expectations. 

The Group made good progress on its strategy during the period across its three divisions particularly in Vaccines and Technical Publishing, with the bolt-on strategic acquisitions of Zoetis' aquaculture assets and Old Pond Publishing. 

Notice of Results

Benchmark will announce its interim results for the six months to 31 March 2014 on Tuesday, 24 June 2014.

Benchmark Chief Executive Officer, Malcolm Pye, said:

"I am pleased to report that the business is making progress on the strategic objectives we outlined at IPO, both organically and in terms of acquisitions. Zoetis aquaculture and Old Pond Publishing fit our strategy of targeting assets which have strong synergies and clear growth opportunities. Benchmark has a solid platform on which to build and we look forward to providing more detailed information on our progress and plans at the Group's Interim Results in June."

-Ends-

For further information, please contact: Benchmark Holdings plc Tel: [phone] Malcolm Pye, CEO Roland Bonney, COO Amy Firth, Head of Communications Cenkos Securities PLC Tel: [phone] Ivonne Cantu (NOMAD) Russell Kerr (Sales) Tavistock Communications Tel: [phone] Catriona Valentine / Niall Walsh / Keeley Clarke

Notes to Editors:

Founded in 2000, Benchmark represents a new model in sustainable business development. Over the last decade it has built a profitable group of companies on the economics of a sustainable food chain. The company is growing in response to a rapidly increasing demand for sustainable food chains, and in particular for seafood, from both mature and emerging markets. As demand can no longer be met by declining wild resources, it will necessitate the growth of sustainable farming systems around the world.

Benchmark is an ethical company with an explicit policy based on the "3Es" definition of a sustainable business - ethics, environment and economics - which guides its strategy and operations.

The Group has three divisions: Animal Health which researches, manufactures and markets medicines and vaccines particularly for aquaculture, Sustainable Science which researches and informs sustainable development in the food industry and Technical Publishing which effects technology transfer through online publishing and education. Benchmark operates internationally with offices in the UK, Ireland, Norway, USA, Brazil, China and Thailand and, as at 31 January 2014, employs 188 people.

For further information on Benchmark and to download the Company's Admission Document please visit www.bmkholdings.com.

 

END

 

 

MSCLLFVEEIIELIS