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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Fevara
Fevara (FVA) investor relations material
Fevara H2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 TU earnings summary30 Sep, 2026
Financial performance
FY26 revenue expected at approximately £86 million, reflecting 8% like-for-like growth year-on-year.
Adjusted EBIT anticipated at around £6.0 million, up about 60% year-on-year and ahead of market expectations.
Net debt position improved to about £2.0 million, aided by strong cash conversion and asset disposals.
Strategic milestones
Completed acquisition of Macal, marking entry into the Brazilian market, and acquired a production facility in São Paulo State.
Disposed of Chirton Engineering Ltd, finalizing the strategic review to focus on livestock supplements.
Secured a new £20m revolving credit facility with HSBC, with additional uncommitted headroom for future growth.
Operational highlights and outlook
UK, European, and US businesses performed well, with continued growth in Low Moisture Blocks sales.
Early FY27 trading is encouraging and aligns with expectations as the group enters its peak season.
Medium-term targets reaffirmed: £120 million revenue, £15 million adjusted EBITDA, 10% EBIT margin, and 20% ROCE.
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Latest events from Fevara
- Adjusted operating profit up 22% and Brazil expansion drive strong results and outlook.FVA
H1 2026 - Adjusted operating profit up 69.2% and expansion into Brazil signal strong growth momentum.FVAH2 2025
- Adjusted EBIT up 11.5% to £8.9m, with Engineering outperformance and major restructuring costs.FVAH2 2024
- Strong H1 growth, margin gains, and major capital return after Engineering sale.FVAH1 2025
Next Fevara earnings date
H2 202610 Dec, 2026
Fevara
Next Fevara earnings date
H2 202610 Dec, 2026
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Frequently asked questions
Carr's Group PLC is a UK-based agriculture and engineering company providing products and services that support farming and industrial sectors. The company's agriculture division offers animal feed, supplements, and farming supplies to enhance livestock health and productivity. Its engineering division delivers specialized engineering solutions, including the manufacture of precision components and robotic equipment, serving industries such as nuclear, defense, and oil and gas. The company is headquartered in Carlisle, United Kingdom, and its shares are listed on the London Stock Exchange.