MHP to increase CapEx by 43.5% y-o-y in 2011
29 March 2011
MHP (LSE: MHPC LI) announced it was planning to increase CapEx by 43.5% y-o-y to USD 320 mln in 2011, with the main focus on its Vinnitsya poultry project, the company reported during a conference call yesterday. The company also intends to harvest ~250 ths ha in 2011, up from 147 ths ha in 2010.
