Belfast-based animal feed company John Thompson & Sons recorded a slight fall in profits for its 2019 financial year, after taking a near £1m charge related to its pension scheme.

Accounts filed for the company show pre-tax profits for the 12 months to the end of July 2019 were down 8% year-on-year to £5.4m (€6m). The drop in profits is mostly related to a £922,000 (€1m) charge relating to the group’s pension scheme.