Analyst Research Report Snapshot

Title:

ANIMALCARE GROUP - LAYING DOWN SOLID FOUNDATIONS

Price:

$10.00

Provider:

Edison Investment Research

Date:

03 Oct 2013

Pages:

12

Type:

AcrobatPDF

Companies referenced:

ANCR.L DECP.L

Available for Immediate Download
Summary:

FY13 results came in ahead of expectations, driven by a strong rebound in Licensed Veterinary Medicines. It is this business that underpins the medium-term outlook, with new product development the key to countering rising competitive pressures. The transition towards higher-value enhanced generics means costlier and more protracted development, but should generate higher and more resilient earnings.

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