Operating profit at animal feed company AW Ennis increased 25% to €2.1m for the year ended 31 December 2016.

The Virginia, Co Cavan, company saw turnover modestly fall (down 1%) to €59.8m.

The mill at Virginia produces over 200,000t of animal feed per year.

Operating margins were 3.5% for the year. The company made a pre-tax profit of €2.0m.

Net assets were €22.8m at year end.

The company employs 50 people and total staff costs amounted to €2.3m in 2016.