The Belfast-headquartered livestock nutrition group Devenish stabilised its business last year after downsizing by over one third and reducing its debt. Group revenue fell by almost 42 per cent to £134.8 million (€160.1 million) in the year ended on May 31, 2025, new accounts show. This followed the sale of its North American business, completed in February 2024, and its research farm in Dowth, Co Meath, in December 2023. Operating profit, however, increased to £3.3 million on a pre-exceptional basis. More importantly, earnings from operations were sufficient to cover debt interest for the first time since 2022. This resulted from…

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