Anpario (GB:ANP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Anpario PLC, a leading manufacturer of natural animal feed additives, has reported robust financial results for the first half of 2024, with sales up 11% to £17.0m and gross profit increasing 20% to £8.1m. The company’s adjusted EBITDA saw a significant rise of 41%, and diluted earnings per share grew by 84%. Despite some regional challenges, notably in the US, Anpario experienced strong sales growth in the Middle East and continued product innovation, including the launch of Orego-Stim® Forte.
For further insights into GB:ANP stock, check out TipRanks’ Stock Analysis page.