Record Trading for Scottish Technology Company

Mylnefield Research Services (MRS) Ltd, the technology and innovation company that translates scientific research at the James Hutton Institute into commercial products and services has announced record trading results.

In the financial year 2011/2012 MRS Ltd achieved a record turnover in excess of £3m, enhancing profitability and enabling the company to make a charitable gift of £300,000 to the James Hutton Institute. This Gift Aid will enable the Institute to further invest in its research programmes and facilities.

MRS Managing Director, Dr Nigel Kerby said the trading performance had been achieved despite the current difficult financial climate. Regarding the charitable gift he added: “We understand that this money will make a significant financial contribution to the recently announced purchase of land at Berryhill Farm in Angus, extending the scope of our Centre for Sustainable Cropping.

“MRS is delighted to help with this land purchase that will support research of the James Hutton Institute into sustainable crop production and land use.”

Professor Iain Gordon, Chief Executive of the James Hutton Institute, congratulated MRS Ltd on its record performance. He said: “The translation of our science into new crop varieties that meet the demands of an ever-changing world is fundamental to the James Hutton Institute’s mission.
“We are very fortunate to have a strong relationship with the farming and food industry through our commercial subsidiary MRS Ltd.”