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Anpario H1 Pre-tax Profit Surges, Lifts Dividend; Stock Up

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Anpario Plc (ANP.L), a London-based natural animal feed manufacturer, on Wednesday reported 62% increase in pre-tax profit in the first half, backed by a 34% increase in sales.

In addition, the Board has approved an interim dividend of 3.60 pence per share, 11% improvement from 3.25 pence per share in the last year. This dividend is payable on November 28 to shareholders on record on November 14.

On Wednesday, the shares were trading 15.98% higher at 490 pence on the London Stock Exchange.

For the first half, the firm reported improved profit before tax of 3.38 million pounds, which is 1.30 million pounds higher than the 2.08 million pounds reported last year.

Adjusted earnings per share increased 43% to 16.01 pence from 11.16 pence a year ago.

Revenue climbed to 22.72 million pounds, which is 5.73 million pounds more than the 16.99 million pounds reported a year ago.

Looking forward, the firm affirmed that the second half has started well and they are confident of building on this platform for the remaining year and into the next.

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