ECO Animal Health Group (EAH)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

117.43p
   
  • Change Today:
    -0.57p
  • 52 Week High: 120.00p
  • 52 Week Low: 84.00p
  • Currency: UK Pounds
  • Shares Issued: 67.74m
  • Volume: 5,015
  • Market Cap: £79.55m

Eco Animal Health FY revenues and earnings 'significantly ahead' of expectations

By Iain Gilbert

Date: Thursday 21 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Pharmaceutical company Eco Animal Health said on Thursday that full-year group revenues and underlying earnings were both expected to be "significantly ahead" of market expectations.
Eco Animal confirmed that strength in the Chinese market, supported by the rebuilding of pig herds and the high price for pork, continued through the third quarter, while the sales outlook for its fourth trading quarter also pointed to a continuation of said "strong trading trends".

The AIM-listed group said revenue outperformance in certain other markets, such as the USA, continued to offset weakness in India and Southeast Asia, with revenues for the rest of the group, excluding China, in line with management expectations for the nine months ended 30 December.

"Overall, the revenue outperformance in China, combined with the in-line performance in the rest of the group, is likely to result in revenue for the year ending 31 March 2021 being significantly ahead of market expectations and the prior year," said Eco Animal, which added that underlying earnings for the year ending 31 March was also projected to smash market expectations and prior year comparatives.

Chief executive Marc Loomes said: "We are delighted with the current performance of the group, particularly in China where the herd restocking and production recovery from African Swine Fever has provided a significant opportunity for the group."

As of 1330 GMT, Eco Animal shares were untraded at 247.50p.

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EAH Market Data

Currency UK Pounds
Share Price 117.43p
Change Today -0.57p
% Change -0.48 %
52 Week High 120.00p
52 Week Low 84.00p
Volume 5,015
Shares Issued 67.74m
Market Cap £79.55m

EAH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.68% below the market average25.68% below the market average25.68% below the market average25.68% below the market average25.68% below the market average
49.02% above the sector average49.02% above the sector average49.02% above the sector average49.02% above the sector average49.02% above the sector average
Price Trend
6.71% above the market average6.71% above the market average6.71% above the market average6.71% above the market average6.71% above the market average
59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average
Income Not Available
Growth
22.54% above the market average22.54% above the market average22.54% above the market average22.54% above the market average22.54% above the market average
58.82% above the sector average58.82% above the sector average58.82% above the sector average58.82% above the sector average58.82% above the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EAH Dividends

  Latest Previous
  Final Final
Ex-Div 23-Sep-21 26-Sep-19
Paid 22-Oct-21 16-Oct-19
Amount 1.00p 7.04p

Trades for 15-May-2024

Time Volume / Share Price
10:44 548 @ 118.45p
09:34 125 @ 117.13p
09:25 370 @ 116.72p
08:29 600 @ 118.50p
08:00 3,372 @ 118.50p

EAH Key Personnel

CFO Christopher Wilks
CEO David Hallas

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