LONDON (Thomson Financial) - Livestock agent John Swan & Sons PLC slipped to
a first-half pretax loss of 186,870 stg from a profit of 74,929 stg a year
earlier.
The company said the adverse effect of the foot and mouth outbreak and the
movement restrictions has had an inevitable impact on the UK sheep industry,
resulting in its John Swan Ltd unit showing a loss of 109,261 stg for the
six-month period.
For the half-year ended Oct 31, the company's revenues fell to 572,254 stg
from 814,918 stg.
John Swan, which declared an interim dividend of 15 pence, said it has made
progress related to its property and land assets.
TFN.newsdesk@thomson.com
bsu/slm
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