Animalcare Group (ANCR)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 170.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 197.50
  • 52 Week Low: 134.00
  • Currency: UK Pounds
  • Shares Issued: 60.04m
  • Volume: 3,682
  • Market Cap: £102.06m

Animalcare posts flat revenues as supply chain challenges dent sales

By Iain Gilbert

Date: Tuesday 23 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Animal health business Animalcare posted flat revenues for the first half as sales were impacted by supply chain issues at a third-party manufacturer.
Revenues were steady at £36.1m, but the company did manage to record a 0.9% improvement on a constant currency basis.

Animalcare said this small improvement was "noteworthy", given previously reported supply challenges which impacted sales by £1.1m during the half.

"We are on track to resolve the supply issues during the current financial year which is anticipated to be reflected in sales during the second half," it said.

The company, which committed to reducing net debt and improving cash conversion, saw net debt come to £21m, down from the £23.6m on 31 December.

Chief executive Jenny Winter said: "We have a clear strategy to become a leading international veterinary pharmaceutical business and we have made good progress towards this goal during the first half of 2019.

"I am pleased that the growth platform that we have been focused on building is coming to fruition and I look forward to updating the market further on our progress."

At 1050 BST, Animalcare shares were up 3.85% to 162p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ANCR Market Data

Currency UK Pounds
Share Price 170.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 197.50
52 Week Low 134.00
Volume 3,682
Shares Issued 60.04m
Market Cap £102.06m

ANCR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.08% below the market average55.08% below the market average55.08% below the market average55.08% below the market average55.08% below the market average
35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average
Price Trend
45.86% above the market average45.86% above the market average45.86% above the market average45.86% above the market average45.86% above the market average
22.81% below the sector average22.81% below the sector average22.81% below the sector average22.81% below the sector average22.81% below the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
53.57% below the market average53.57% below the market average53.57% below the market average53.57% below the market average53.57% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ANCR Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 06-Jun-19
Paid 22-Nov-19 05-Jul-19
Amount 2.00p 2.40p

Trades for 05-Jun-2020

Time Volume / Share Price
11:36 14,776 @ 169.99p
10:47 2,830 @ 169.00p
08:03 852 @ 169.00p

ANCR Key Personnel

CFO Chris Brewster
CEO Jenny Winter

Top of Page