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Insider UK
Insider UK
Lifestyle
Peter A Walker

UNBELIEVABLE: Devro reports 8 4 profit fall during first half | History Defined

Devro has reported group revenue up 8.3% to £129.8m compared to the prior year, primarily driven by growth in the 'mature markets' of Continental Europe, North America, the UK and Ireland.

However, the Moodiesburn-based collagen product manufacturer's half year results also stated that this growth was somewhat offset by weaker market conditions in Japan and Australia.

Emerging market volume was down 0.9%, against a strong comparator and due to temporary manufacturing constraints, mainly affecting China and Latin America.

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