The news from Ukraine is that it doesn’t matter which came first, the chicken or the egg, as long as you profit from both.
The country’s top poultry and egg producers, both leading blue chips listed on the London Stock Exchange, released impressive 2012 results on Tuesday.
MHP, the country’s largest poultry producer, reported $1.4bn in net sales, a year-on-year 15 per cent increase, a 17 per cent surge in earnings before interest, taxation, depreciation and amortisation ($468m) and a 20 per cent increase on net income ($311m) with a margin of 33.2 per cent.
