Ridley: Result 2016

Ignoring one-offs, animal feed and nutrition supplier Ridley Corporation reported a flat 2016 result.

Ignoring one-offs such as profits on the sale of surplus land and its Dry Creek salt field in South Australia, animal feed and nutrition supplier Ridley Corporation reported a flat 2016 result (see Table 1).

More than half the company's total sales still come from its Barastoc poultry feeds (tagline: ‘Hens aren’t just pecky, they’re picky too’). The company is benefitting from increasing demand for white meat, helped by Australia’s growing population.

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