Southland-based company Blue Sky Meats expects to showcase its best financial result in eight years when it releases its annual report soon. On Thursday, Blue Sky Meats chief executive Todd Grave said he was pleased with the results but was pushing ahead to increase performance. "We still have some way to go in terms of improving these metrics and delivering them consistently to our shareholders." READ MORE:* Blue skies on the horizon for Blue Sky Meats* New two-day bobby calf payment scheme by Blue Sky Meats* Blue Sky Meats bosses face shareholders after almost $2m lossThe financial year to March ended with revenue up by 34 per cent to a record $140 million, and net profit before tax (NPBT) up 36 per cent to $5 million. An $11 million capital expenditure programme is under way to reduce physical hazards and environmental impacts and that includes a $3.7 million wastewater treatment plant to reduce run-off.

Source: Stuff July 04, 2019 06:33 UTC