Carr's Milling, a UK-based agriculture, food and engineering firm, has reported that its pretax profit for the fiscal year 2013 rose 21.5% to £15.9m, compared with £13.1m in 2012.
For the year ended 31 August 2013, the company's sales grew 15.8% to £468.1m, compared with £13.1m in the previous year.
This increase in the sales is attributable to strong operational performance and adverse weather conditions in the UK and US.
EBITDA was up by 20.3% to £22.2m, while basic earnings per share rose by 31.1% to 128.7p, the company said.
Carr's Milling chairman Chris Holmes said, "The Group has achieved a record profit for the year, building on last year's success.
"This success can be attributed to strong operational performance, on-going pursuit of our strategic aims, benefits from the investments in assets, research and innovation, as well as assistance from adverse weather conditions, particularly in the UK and USA."
