HomeNews2016 Annual Report

23 January 2017

2016 Annual Report

Benchmark’s Annual Report and Accounts for the financial year ended 30 September 2016 is now available.

Download our 2016 report here.

Malcolm Pye, Benchmark’s CEO commented:

“I am pleased to announce that the Group has delivered a financial performance in
line with the Board’s expectations, in a transformational year. Our strategy of diversification has mitigated the impact of environmental headwinds such as the drought caused by El Niño and the temporary Chilean border closure. Our acquisition strategy has already begun to show its strategic worth, providing access to a wider client base and technical insight which is enhancing our existing suite of products, as well as an established distribution network into fast growing markets. We continue to execute our strategy of deploying world leading technology through established distribution channels into long term growth markets.

As planned, we have been investing in manufacturing capacity this year in order to serve our fast growing portfolio of products, with our state-of-the-art plant in Braintree in its commissioning phase. This increased capacity will allow us to deliver our product pipeline which continues to progress well, with a number of products expected to enter commercialisation from 2017 to 2019. Seafood is becoming a more desirable and important component of diets across the world, driven by increasing health, wealth and the limitations of the current food chain.”

We are now the world’s biggest player in aquaculture biotechnology, placing us at the forefront of this ‘Blue Revolution’.

Malcolm Pye

Chief Executive Officer, Benchmark plc