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Pin to quick picksAnpario Regulatory News (ANP)

Share Price Information for Anpario (ANP)

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520.00    5.00 (0.97%)
Bid:
510.00
Ask:
530.00
Spread: 20.00 (3.922%)
Market Cap: £85.47m
ANP Live PriceLast checked at - London Stock Exchange

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Pre-Close Trading Statement

29 Jan 2019 07:00

RNS Number : 3286O
Anpario PLC
29 January 2019
 

 

 

 

29 January 2019

Anpario plc

("Anpario" or "the Company")

Pre-CLose TRADING STATEMENT

 

Anpario, the international producer of natural feed additives for animal health, hygiene and nutrition, expects to announce trading in line with market expectations for the year ended 31 December 2018 on 6 March 2019.

As anticipated, sales growth was reduced by the factors reported at the interim stage, including African Swine Flu in China and challenging trading in the Middle East and Latin America. However, costs have been closely managed without impeding strategic development plans.

 

Continuing strong performances in the USA, Europe and Australasia, assisted by progressive market fundamentals and the benefits of development initiatives implemented this year, are expected to support a return to sales growth in 2019.

 

The balance sheet remains strong with cash balances of £12.9m (2017: £13.6m) at the year-end.

 

 

Anpario plc

Richard Edwards Chief Executive Officer +44(0) 777 6417 129Karen Prior Finance Director +44(0) 1909 537380

 

Peel Hunt LLP +44 (0)20 7418 8900

Adrian Trimmings

George Sellar 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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