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Mayberry Research 2021-10-05T03:32:45-05:00

Daily Market Summary April 27, 2018

Daily Market Summary 27.04.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

SEP netted $735.04 million year end

April 27, 2018 Seprod Limited (SEP), for the year ending December 31, 2017, reported Revenue of $16.51 billion compared to the $15.78 billion recorded for the prior financial year; this represents a 4.62% increase year over year.  SEP noted, “the export segment delivered a 46% growth over prior year, despite some key markets being negatively impacted by the active hurricane season.” The company also stated, “continued inability to stem the losses in the sugar operations. There were signs of turnaround but these were all wiped out by challenging weather conditions. The inability to even reach breakeven in this operation is