MHP SE GDR RegS (GB:MHPC) has released an update.
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MHP SE, an agro-industrial leader based in Ukraine, has weathered the challenges of war, maintaining near full capacity at its production facilities despite an increasingly disruptive operational environment, including a significant loss of poultry products and war-related costs. The company has reported a slight decrease in revenue for the second quarter and first half of 2024 but showed resilience with a notable increase in operating profit and adjusted EBITDA, reflecting strong performance in agriculture operations. MHP also continues to support Ukraine’s economy and food security, contributing significantly to the state budget through taxes and fees.
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