Pre-Close Trading Statement

RNS Number : 3286O

Anpario PLC

29 January 2019

 

29 January 2019

                                           Anpario plc                                                

("Anpario" or "the Company")

Pre-CLose TRADING STATEMENT

Anpario, the international producer of natural feed additives for animal health, hygiene and nutrition, expects to announce trading in line with market expectations for the year ended 31 December 2018 on 6 March 2019. 

As anticipated, sales growth was reduced by the factors reported at the interim stage, including African Swine Flu in China and challenging trading in the Middle East and Latin America.  However, costs have been closely managed without impeding strategic development plans.

Continuing strong performances in the USA, Europe and Australasia, assisted by progressive market fundamentals and the benefits of development initiatives implemented this year, are expected to support a return to sales growth in 2019.   

The balance sheet remains strong with cash balances of £12.9m (2017: £13.6m) at the year-end.

Anpario plc

Richard Edwards Chief Executive Officer [phone]
Karen Prior Finance Director [phone]

Peel Hunt LLP [phone]

Adrian Trimmings

George Sellar
 

 

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