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Pin to quick picksAnimalcare Grp Share News (ANCR)

Share Price Information for Animalcare Grp (ANCR)

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Share Price: 246.00
Bid: 242.00
Ask: 250.00
Change: 0.00 (0.00%)
Spread: 8.00 (3.306%)
Open: 246.00
High: 246.00
Low: 246.00
Prev. Close: 246.00
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Sales grow at Animalcare, but investment eats into profit

Wed, 10th Feb 2016 12:02

(ShareCast News) - Animalcare was looking at an increase in sales in its first half results on Wednesday, though profits were down in the six months to 31 December 2015 as the company pressed ahead with its investment strategy.The AIM-traded supplier of veterinary medicine described progress as good during the period, with the firm achieving top line growth during a phase of significantly increased investment.Revenue grew by 2% over the corresponding period a year earlier, to £7.11m, though profit before tax fell by 12.9% to £1.53m.Basic underlying earnings per share fell by 8.8%, to 6.2p."The business has continued to perform well during the first six months of its financial year, with sales up by 2.7%, which is particularly pleasing against a very strong first half in FY15,," said chairman James Lambert."Given the top line growth during the period and increased levels of investment for the future success of Animalcare, the board remains confident about the prospects and outcome for the full year and beyond."Animalcare saw solid revenue growth from its Licensed Veterinary Medicines group, up 4.2% to £4.58m against strong comparatives. The sector saw a £0.2m non-recurring benefit from sales of the Bluprecare product, as a result of supply issues at a competitor.The company also launched a new mini microchip, and began its planned focus on exports which it said was already delivering a commercial benefit.A continued focus on investment, in a bid to support future growth, was reflected by a £0.16m increase in overheads and a three-fold increase in product development pipeline expenditure to £0.6m.Animalcare maintained a strong financial position, however, with group cash balances increasing by £0.32m to £6.1m since 30 June 2015.The company announced an interim dividend of 1.8p per share, which was unchanged from a year earlier.
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9 Jan 2017 08:19

Animalcare Group expects revenue, profit to exceed expectations

(ShareCast News) - Veterinary medicine supplier Animalcare Group expects trading for the full year to be ahead of market forecasts as interim revenue and profit exceeded expectations after it accelerated investment in new products despite Brexit uncertainty. Sales and profit were ahead of the compan

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12 Oct 2016 09:31

Animalcare Group's revenue rises while weary of Brexit vote

(ShareCast News) - Veterinary medicine supplier Animalcare Group's revenue rose while it remains cautious over the uncertainty arisen since the Brexit vote as it took measures to hedge against currency fluctuations. For the year ended 30 June, revenue increased 8.6% to £14.7m, compared to the previo

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12 Oct 2016 08:27

BROKER RATINGS SUMMARY: Investec Starts Wolseley With Hold Rating

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14 Jul 2016 16:54

Animalcare profits to beat expectations as revenues rise

(ShareCast News) - Veterinary medicine supplier Animalcare said full year revenues rose by 8.6% to £14.70m and underlying operating profits were expected to be broadly in line with last year, exceeding market expectations. Revenue from sales of the Licensed Veterinary Medicines group was up 7.7% to

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14 Jul 2016 07:53

Animalcare Revenue Grows With Good Performances Across Divisions

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10 Feb 2016 10:56

Animalcare Profit Down In First Half As Lower-Margin Revenue Rises

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20 Jan 2016 09:18

Animalcare Says Medicines Revenue Offsets Lower Microchipping Sales

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23 Dec 2015 15:33

Mitchells & Butlers CEO picks up some shares

(ShareCast News) - Animalcare Group's Chairman, James Lambert, dumped 54,000 shares in the veterinary medicines supplier at 222p each. The sale brought his holding down to 1.3m shares, or 6.2%. Elsewhere, Mitchells & Butlers' chief executive officer Phil Urban purchased 18,706 shares in the pub ope

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23 Dec 2015 09:29

DIRECTOR DEALINGS: Animalcare Chairman Sells Shares

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8 Dec 2015 18:08

DIRECTOR DEALINGS: Animalcare Chairman Lambert Sells Shares

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7 Dec 2015 18:05

DIRECTOR DEALINGS: Animalcare Chairman Lambert Offloads 11,000 Shares

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23 Nov 2015 18:42

DIRECTOR DEALINGS: Animalcare Chairman Sells 10,000 Shares

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10 Nov 2015 16:01

AGM, EGM Calendar - Week Ahead

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14 Oct 2015 08:19

Animalcare Annual Profit Grows Despite Fewer Cats And Dogs In UK

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