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Home > Company Index > Food, Beverage & Tobacco > Agricultural Services > PIC International Group PLC

PIC International Group PLC
 NEWS FROM THE WIRES
Polaris Q2 tops estimates, sees further growth in 2001
Jul 17 2001 03:32 AM PDT

Polaris Q2 tops estimates, sees further growth in 2001
Jul 17 2001 03:32 AM PDT

More WIRE STORIES about this company

 PROFILE
Breeding better hogs is the business of PIC International Group. Using genetic selection, PIC develops pigs that are cheaper to raise and healthier to eat; it then subcontracts multiplication farms to produce breeding stock. PIC buys the breeding stock from its subcontractors and sells the improved animals to commercial hog farmers in about 35 countries. The company operates primarily in North America and Western Europe but is expanding in Asia and Central Europe. Low hog prices have bled company profits like a stuck -- well, you know. PIC formerly was known as Dalgerty PLC, a UK company with vast agricultural and food holdings. It shed everything but its porkers, changed its name, and relocated to the US.

 COMPETITION
Carroll's Foods, Inc. (dossier)
IBP, inc. (IBP)
Smithfield Foods, Inc. (SFD)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 212.60
1-Yr. Sales Growth: (10.6)%
Employees: 1,454
Revenue per employee: $146,217.33

 KEY PEOPLE
• Phillip J. David
    CEO
• Sabrina Simmons
    CFO

 CONTACT INFO
2929 7th St., Ste. 130
Berkeley, CA 94710
US
Phone: 510-848-8266
Fax: 510-848-0324
Online: Web Site

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