Ukraine egg producer expects solid results for first half of 2011

Ukraine egg producer Avangard expects to report solid results for the first half of the 2011 fiscal year, according to a company report.
The company has said that they're trading in line with management forecasts, producing 1.39 billion shell eggs in the first quarter. The growth comes from a larger poultry flock, which reached 25.2 million birds as of the end of March. Avangard also processed 269 million eggs during the first quarter, seeing growth in demand both in the Ukrainian market and export markets during the period.