-

Trading Statement

LONDON--(BUSINESS WIRE)-- 

30 January 2020

ANPARIO PLC

(“Anpario” or “the Group”)

PRE-CLOSE TRADING STATEMENT

Anpario, the international producer of natural feed additives for animal health, hygiene and nutrition, will announce its results for the year ended 31 December 2019 on 18 March 2020.

Revenue and adjusted EBITDA (excluding foreign exchange) should be in line with market expectations. The increase in the value of sterling during the year has impacted the overall result as realised exchange gains have been materially outweighed by unrealised losses.

Sales improved in the second half of the year, driven by continued strong performances in Latin America and the Middle East and a welcome recovery in Asia. Targeting of the Chinese poultry market, coupled with the Group’s geographic and species diversity, have helped to mitigate the impact of African Swine Fever.

Gross margins improved further reflecting the Group’s focus on marketing higher value-added products and developing further direct routes to market which are seeing positive momentum. Costs continue to be closely managed, whilst maintaining investment in our sales channels and product development initiatives to support future sales growth.

The balance sheet remains strong with year-end cash balances ahead of last year at £13.8m (31 Dec 2018: £12.9m).

Enquiries:

Anpario plc

Richard Edwards, Chief Executive Officer +44(0) 777 6417 129

Karen Prior, Finance Director +44(0) 1909 537380

Peel Hunt LLP +44 (0)20 7418 8900

Adrian Trimmings

Andrew Clark

Category Code: TST
Sequence Number: 691299
Time of Receipt (offset from UTC): 20200129T174631+0000

Contacts

Anpario plc

Anpario plc

LSE:ANP
Release Versions
English

Contacts

Anpario plc

More News From Anpario plc

UK Regulatory Announcement: Block listing Interim Review

LONDON--(BUSINESS WIRE)--  BLOCK LISTING SIX MONTHLY RETURN Information provided on this form must be typed or printed electronically and provided to an ris. (Note: Italicised terms have the same meaning as given in the Listing Rules.) Date: 18 January 2021 Name of applicant: Anpario plc Name of scheme: SAYE Share Scheme EMI Share Scheme Unapproved Share Scheme Company Share Option Plan Period of return: From: 17 July 2020 To: 16 January 2021 Balance of unallotted securities under scheme(s) fro...

UK Regulatory Announcement: Directorate change

LONDON--(BUSINESS WIRE)--  Anpario plc (“Anpario” or the “Company”) Directorate change Anpario, the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity is pleased to announce the appointment of Matthew Robinson as a Non-Executive Director of the Company with effect from 11 January 2021. Matthew Robinson has spent much of his career working with and advising growth companies and is currently Non-Executive Chairman of AIM listed Goldplat plc...

UK Regulatory Announcement: Total Voting Rights

LONDON--(BUSINESS WIRE)--  Anpario plc   (the “Company" or "Anpario")   Total Voting Rights In conformity with 5.6.1 of the Disclosure and Transparency Rules, the Company notifies the market of the following: As at the 30 November 2020 the Company's issued share capital consists of 23,591,133 ordinary shares of 23p each with voting rights (“Ordinary Shares”). The Company holds 440,388 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue (excluding shares held as treasury sh...
Back to Newsroom