This morning Animalcare has announced interim results for the 6 month period ending 31 December 2015. Per the recent trading update (20 January 2016) the company reports revenues up 2.7% to £7.11m (2014: £6.93m) – a solid performance – with underlying operating profit £1.55m (2014: £1.79m). The interim dividend is maintained at 1.8p, cash balances are up £0.32m from 30 June 2015 to £6.10m and product development pipeline continues to progress. W

10 Feb 2016
Panmure Morning Note 10-02-16

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Panmure Morning Note 10-02-16
Animalcare Group PLC (ANCR:LON) | 298 -8.9 (-1.0%) | Mkt Cap: 205.6m
- Published:
10 Feb 2016 -
Author:
Dr Mike Mitchell -
Pages:
4 -
This morning Animalcare has announced interim results for the 6 month period ending 31 December 2015. Per the recent trading update (20 January 2016) the company reports revenues up 2.7% to £7.11m (2014: £6.93m) – a solid performance – with underlying operating profit £1.55m (2014: £1.79m). The interim dividend is maintained at 1.8p, cash balances are up £0.32m from 30 June 2015 to £6.10m and product development pipeline continues to progress. W