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Animalcare underlying earnings up 19.4%

By BFN News | 08:20 AM | Thursday 21 February, 2013


Underlying operating profits at veterinary medicines supplier Animalcare roe by 20.3% to £1.47m in the six months to the end of December. Revenues were up 13% at £6.1m and underlying earnings before interest, tax, depreciation and amortisation rose by 19.4% to £1.57m. The interim dividend is maintained at 1.5p per share. Chairman James Lambert said: "Prospects for the second half of this financial year look good and in line with market expectations. We expect to launch four veterinary products during this financial year and to keep the pipeline stocked for the next several years, so continuing Animalcare's growth record." He said the board was delighted with the first half results of Animalcare and it remains positive about the opportunities ahead for the future development of your company." At 8:20am: (LON:ANCR) share price was +1p at 141p Story provided by StockMarketWire.com

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