Mad cows and chicken

Alan Heath
27-04-2001, 00:00

Mad cows and chicken

Results from quoted companies in the white meat sector have been very good in the first quarter of this year, no doubt from fears of eating red meat produced by the publicity given to BSE and foot and mouth. Two companies, Drosed and Indykpol, have noted particularly good sales and improved productivity. In the first quarter of this year Indykpol increased sales by almost fifty percent whilst Drosed saw a twenty percent rise. Profits were also good with Drosed seeing an increase of 66 percent at PLN2.4m and Indykpol up 33 percent at PLN1.4m. Up until the beginning of this year Drosed did not export its products but in February the first orders to the UK, Holland and Germany. Demand in these countries will increase for the same reasons as in Poland. Furthermore the current strong zloty is also unlikely to be a barrier.

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Podpis: Alan Heath

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