The Ukraine Opportunity Trust plc (UKRO) likes sunflowers
2011-04-07 17:42:20
UKRO said that its shares in Kreativ Group increased in value from 5 Euro to 11,2 Euro per share. The portfolio investor said this positive result was achieved as a result of increased Sunflower Oil prices, improved capacity and a buoyant market for vegetables oils in 2010. UKRO also said that it expects further growth in the value of its shares in Kreativ as the company will be adding new crushing capacity and should be able to double unrefined oil output, as well as continue growing sales of margarines and spreads.