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Animalcare underlying operating profit up 17%

By BFN News | 09:05 AM | Wednesday 25 September, 2013


Underlying operating profits at veterinary medicines supplier Animalcare rose by 17% to £2.7m in the year to the end of June. Revenue increased 11.6% to £12.1m with sales of licensed veterinary medicines up 20.6% and underlying earnings before interest, tax, depreciation and amortisation increased by 16.6% to £2.9m. Chairman James Lambert said the board was pleased with the return to growth of the business over the past 12 months and believes it is in a strong position to deliver its stated strategy. He said the board was also encouraged by trading at the beginning of the current financial year. At 9:05am: (LON:ANCR) share price was 0p at 172.5p Story provided by StockMarketWire.com

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