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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.

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