Australian acquisition feeds sales at Animalcare
York-based Animalcare group said its £62m acquisition of equine veterinary business Randlab has boosted revenue as it reports a bumper first half.
Animalcare, which completed the deal in January, said sales in the six months to June 30 were up 18.5% to £43.8m, with Randlab contributing £6.4m of revenue in the period, delivering strong like-for-like organic growth of around 14%.
The group said underlying H1 EBITDA is expected to come in at around £9.2m, 40% ahead of £6.6m in the previous half.
Animalcare said its strategi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
