National Milk Records Plc turnover improves by 6.5% for FY19

  • National Milk Records Plc (NMR) has reported its audited results for the year ended 30 June 2019.
  • The company’s turnover was up by 6.5 per cent to £22.8 million as compared to £21.4 million in 2018.
  • Operating profit improved by 19.9 per cent to £2.3 million as compared to £1.9 million in the previous year.
  • The net debt reduced to £1.7 million, or 0.6 times EBITDA as compared to 0.9 times EBITDA in 2018.