Share via Email


* Email To: (Separate multiple addresses with a semicolon)
* Your Name:
* Email From: (Your IP Address is 3.226.243.36)
* Email Subject: (personalize your message)


Email Content:

Darling Ingredients Reports Fiscal 2019 Results

03/10/2020

In a February 25th release, Darling Ingredients [DAR] reported results for Fiscal 2019 ending December 28th. For the year, the company posted net income of $312.6 million on revenue of $3.4 billion. The the Feed Segment, represented by meat and bone meal and grease, operated with a gross margin of 23 percent and a net margin of 4.2 percent.  The company has net assets of $5.35 billion, with long term debt of $1.65 billion.

 

Comparative values for Fiscal 2018 included net income of $101.5 million on revenue of $3.4 billion.  EPS increased to $1.34 in FY 2019 compared to $0.60 in FY 2018.

 

Darling has traded over the past 52 weeks from $18.20 to $29.57 with a 50-day moving average of $27.72.  The company posted a 12-month trailing operating margin of 2.4 percent with a profit margin of 9.3 percent.  Return on assets was 1.0 percent and return on equity, 12.9 percent.