Markets respond positively to ECO Animal Health results

By
0 mins. to read
Markets respond positively to ECO Animal Health results
Master Investor Magazine

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

AIM-listed veterinary pharmaceuticals firm ECO Animal Health (LON:EAH) saw the price of its shares rise by 4.12% to 366.50 (as of 14:30 BST) after reporting an 11% increase in sales for the year ended 31st March. Profits before taxation were up by 10% and total dividends increased by 20% to 11.04p.

CEO Marc Loomes commented: “These are credible results for a year that was adversely depressed by both ASF and a trade war between the USA and China, our two largest markets. We are confident that our accelerated development programmes in vaccines and other products will add long term growth. For the year ahead we expect to report continued growth and to perform in line with the Board’s expectations“.

 

Comments (0)

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.