15 FEBRUARY 1930, Page 36

BovitIL.

The latest report of Bovril, Ltd., seems to show that the company goes from strength to strength with regard to its finances. During the past year there was an addition to the company's indebtedness on short-term notes, but neverthe- less the profits provide not only for all extra charges in that connexion, but for the maintenance of •a dividend on the Deferred shares, making 13 per cent. for the year, after adding a further £60,000 to the reserve and carrying forward nearly £76,000. The directors' statement with regard to the sales of Bovril during the year is also again very encouraging.