Andy Su forecasts a profit of no less than 161 million euros this year

Blue Star Andesu forecasts that earnings are unlikely to be less than 161 million euros for the year to the end of December 2010, a 13.9 per cent year-on-year declinecomprehensive media reports, the French concept of nutritional additives manufacturer Blue Star Andesu (01095), listed in the Hong Kong Stock Exchange (00388) in the preliminary prospectus, the company forecast that the year to the end of December 2010, the company is unlikely to be less than The company's profit for the six months to the end of June was 84.184 million euros, down 13.3 percent from 187 million euros in 2009documents reveal that ChemChina and The Blackstone Group held 80 per cent and 20 per cent of the shares before Andesu went public, the document also states that Andesu currently intends to pay a dividend ratio of 20 per cent a yearThe company said it was implementing a strategic plan to increase the methionine capacity of its European manufacturing facilities, with two projects, "Europe One" and "Europe 2", the first project including expansion of production capacity, increasing production of DL-methine production at manufacturing facilities in Spain and France by 23,000 tons, and the second project expected the French Les Roches manufacturing facility to start production as early as mid-2012, with additional production to increase its existing global MMP-Intermediate capacity by 20 percentBlue Star Andesu forecasts that earnings for the year to the end of December 2010 are unlikely to be less than 161 million euros, a 13.9 per cent year-on-year declinecomprehensive media reports, the French concept of nutritional additives manufacturer Blue Star Andesu (01095), listed in the Hong Kong Stock Exchange (00388) in the preliminary prospectus, the company forecast that the year to the end of December 2010, the company is unlikely to be less than The company's profit for the six months to the end of June was 84.184 million euros, down 13.3 percent from 187 million euros in 2009documents reveal that ChemChina and The Blackstone Group held 80 per cent and 20 per cent of the shares before Andesu went public, the document also states that Andesu currently intends to pay a dividend ratio of 20 per cent a yearThe company said it was implementing a strategic plan to increase the methionine capacity of its European manufacturing facilities, with two projects, "Europe One" and "Europe 2", the first project including expansion of production capacity, increasing production of DL-methine production at manufacturing facilities in Spain and France by 23,000 tons, and the second project expected the French Les Roches manufacturing facility to start production as early as mid-2012, with additional production to increase its existing global MMP-Intermediate capacity by 20 percent(Name)