ECO has disposed of its non-core ECOmectin Horsepaste formulation to its manufacturing partner for a total of €1.3m in cash. This allows ECO to focus further on its core offering in the prevention and treatment of diseases in pigs and poultry and the proceeds will be applied towards its new product development pipeline. After confirming FY24 revenues will be in line with consensus, a more comprehensive trading update is due later this month. We therefore hold off making any changes to our foreca ....
04 Apr 2024
Non-core disposal
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Non-core disposal
ECO Animal Health Group plc (EAH:LON) | 111 0.6 0.5% | Mkt Cap: 75.2m
- Published:
04 Apr 2024 -
Author:
Chris Glasper -
Pages:
3
ECO has disposed of its non-core ECOmectin Horsepaste formulation to its manufacturing partner for a total of €1.3m in cash. This allows ECO to focus further on its core offering in the prevention and treatment of diseases in pigs and poultry and the proceeds will be applied towards its new product development pipeline. After confirming FY24 revenues will be in line with consensus, a more comprehensive trading update is due later this month. We therefore hold off making any changes to our foreca ....