Hardman Research: Strong Operational Cashflow

RNS Number : 2053D
Alliance Pharma PLC
29 January 2018
 

Hardman Research: Strong Operational Cashflow

2017: strong operational cashflow - Alliance Pharma is continuing with its buy-and-build strategy having evolved through 35 acquisitions over a period of 20 years into a profitable, cash-generative, specialty pharma business. The company has a mix of international growth brands - notably Kelo-Cote and MacuShield - and a bedrock of solid local low-growth brands. In a trading statement for 2017, strong sales of its international growth brands have underpinned group sales growth and helped generate strong underlying operational cashflow. The recent acquisitions of Vamousse (third international growth brand) and Ametop (bedrock brand) look set to further enhance future performance.

Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/alliance-pharma-documents/29-01-18-alliance-pharma.pdf

 

To contact us:

Hardman & Co

35 New Broad Street

London

EC2M 1NH

Follow us on Twitter @HardmanandCo

Contacts:

Dr Martin Hall

Dr Dorothea Hill

Dr Gregoire Pave

 

+44 20 7194 7622

 

mh@hardmanandco.com

dmh@hardmanandco.com

gp@hardmanandco.com

 

www.hardmanandco.com

 

About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.

Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies.  It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRALLFLLLTIAFIT
UK 100

Latest directors dealings