ECO Animal Health has had a very strong FY 2017 with this morning’s trading update indicating PBT likely to be significantly ahead of market expectations. We moved to a forecast sensitivity of 4 at the time of interim results, highlighting the potential for the group to beat estimates. This morning’s update proves this to be the case and we upgrade our 2017, 2018 and 2019 EBITDA estimates by 26%, 13% and 4% respectively. In our view, Aivlosin® has significant growth potential with a pipeline of ....
15 May 2017
N+1 Singer - ECO Animal Health Group - 2017 significantly ahead of expectations
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N+1 Singer - ECO Animal Health Group - 2017 significantly ahead of expectations
ECO Animal Health Group plc (EAH:LON) | 94.0 0 0.0% | Mkt Cap: 63.7m
- Published:
15 May 2017 -
Author:
Sheena Berry -
Pages:
3
ECO Animal Health has had a very strong FY 2017 with this morning’s trading update indicating PBT likely to be significantly ahead of market expectations. We moved to a forecast sensitivity of 4 at the time of interim results, highlighting the potential for the group to beat estimates. This morning’s update proves this to be the case and we upgrade our 2017, 2018 and 2019 EBITDA estimates by 26%, 13% and 4% respectively. In our view, Aivlosin® has significant growth potential with a pipeline of ....