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Animalcare Group warns on profit as margins shrink

By BFN News | 02:25 PM | Wednesday 18 April, 2018


Veterinary medicines provider Animalcare Group said it expected its earnings in 2018 to be below market expectations. The company blamed the profit warning on the impact on margins from a changing sales mix and competitive pressures. In 2017, meanwhile, the company said it expected revenue to grow by around 9.5% to £91.9m, slightly ahead of management expectations, while earnings would be broadly in line with expectations. At 2:25pm: (LON:ANCR) Animalcare Group PLC share price was -57.5p at 210p Story provided by StockMarketWire.com

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