Plus   Neg

Dechra Pharma FY19 Revenues Climb - Quick Facts

Dechra Pharmaceuticals Plc. (DPH.L) Tuesday reported that its fiscal 2019 revenues climbed from last year. The full-year trading was strong and in line with management expectations.

In its trading update for the year ended June 30, the company said its revenues grew around 18 percent on a reported basis and 17 percent at constant exchange rates.

European Pharmaceuticals revenue grew about 17 percent and North America Pharmaceuticals revenue climbed 20 percent.

Ian Page, Chief Executive Officer, said, "This has been driven from our core portfolio, good market penetration and realisation of significant Le Vet revenue synergies. In addition the newly acquired Caledonian and Venco businesses have performed well."

The company further said the integration of AST Farma/Le Vet, Caledonian and Venco, is proceeding well and trading is in line with expectations.

Dechra will announce its preliminary results for the year on September 2.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Auto giant General Motors' (GM) Chevrolet unveiled its new stunning Corvette Stingray 2020. Stingray 2020, the eighth generation of the Chevrolet Corvette, has received the biggest change since its initial launch in 1953. The new 2020 Corvette is a mid-engine vehicle, which is its engine is behind... Amazon.com's Prime Day has brought a smile to the face of some photographers who may have grabbed their best deals of their lives. The e-commerce giant accidentally discounted a wide range of premium camera gear for Prime Day earlier this week, which may have proved costly for it. Thanks to a pricing error, some lucky customers were able to buy premium camera gear bundles for below $100. Women's clothing chain Dress Barn Inc. said it started store-closing or inventory clearance event sales at the 53 stores it plans to close by the end of August. The company expects to close all its stories by end of 2019. It also released a list of the nine stores closing in July and the stores closing in August. Dressbarn has hired Gordon Brothers Retail Partners to help with the store closures.
Follow RTT