Anpario sees full year revenue, profits in line with forecasts
Anpario
255.00p
16:55 24/04/24
Feed additive maker Anpario on Monday said it had delivered a strong revenue and profit performance for the full year, in line with expectations.
FTSE AIM All-Share
754.69
16:50 24/04/24
Pharmaceuticals & Biotechnology
21,897.50
17:09 24/04/24
The company, which produces of natural feed additives for animal health, hygiene and nutrition, did not provide any specific numbers in its trading statemement.
It said that strategic initiatives of recruiting a new senior management team, both centrally and regionally, and unifying its brands under the Anpario name, were helping to raise the company's profile in key global markets.
Anpario said its sheet remained strong and the company's ability to convert profit into cash wa demonstrated by cash balances of £13.6m at the year-end compared with £11.1m in 2016.