After the exceptional trading conditions in China last year comes the hangover. A further softening in pork prices highlighted at the July trading statement has led to conditions in China continuing to ease in Q2. Revenues YTD in that market are now significantly below management expectations and down YoY. Whilst some recovery is expected in H2, there looks to be much to do to make up the shortfall. More encouragingly, trading in the group’s other markets remains in line with expectations. We re ....
16 Sep 2021
AGM statement points to softening in China
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AGM statement points to softening in China
ECO Animal Health Group plc (EAH:LON) | 85.5 0 0.0% | Mkt Cap: 57.9m
- Published:
16 Sep 2021 -
Author:
Chris Glasper | Edward Thomason -
Pages:
4
After the exceptional trading conditions in China last year comes the hangover. A further softening in pork prices highlighted at the July trading statement has led to conditions in China continuing to ease in Q2. Revenues YTD in that market are now significantly below management expectations and down YoY. Whilst some recovery is expected in H2, there looks to be much to do to make up the shortfall. More encouragingly, trading in the group’s other markets remains in line with expectations. We re ....