Uniphar (CDI) (UPR)

Sector:

Food Pharmacy Retail

Index:

FTSE AIM 100

 186.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 252.00p
  • 52 Week Low: 168.00p
  • Currency: UK Pounds
  • Shares Issued: 273.02m
  • Volume: 3,986
  • Market Cap: £507.81m
  • RiskGrade: 192
  • Beta: 0.35

Uniphar upbeat after successful 2023

By Josh White

Date: Thursday 09 May 2024

LONDON (ShareCast) - (Sharecast News) - Uniphar said in an update on Thursday that 2023 was a successful year, as it doubled its 2018 pro-forma EBITDA, ahead of the timeframe it laid out at its initial public offering.
The AIM-traded firm, which was holding its annual general meeting, said it had set an ambitious target to grow group EBITDA to €200m over the medium-term, leveraging strong organic growth and strategic acquisitions in line with its disciplined criteria.

It said that, to optimise growth opportunities and better serve its customers and stakeholders, it had reorganised into three new divisions - Uniphar Supply Chain and Retail, Uniphar Medtech, and Uniphar Pharma.

Financially, 2023 saw a robust performance, with organic gross profit growth of 5.6% driven by each division's growth.

EBITDA surged to €116m, reflecting a growth rate of 17.7%, while the company maintained modest leverage at 1.6x and achieved a strong reported free cash flow conversion of 78.5%.

It said its strategic capital expenditure in IT and ERP investment was underway, progressing as planned.

Mergers and acquisitions meanwhile remained integral to its growth strategy, evidenced by the acquisitions of the McCauley Pharmacy Group and select assets from Pivot Digital during the year.

"I am pleased to report a good start to 2024, with performance in the first four months in line with the board's expectations," said chairman Maurice Pratt.

"Uniphar remains well positioned to deliver organic gross profit growth across each division in line with previous guidance and to deliver expectations for the full year."

At 1213 BST, Uniphar shares were down 1.35% at 220p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Uniphar (CDI) Market Data

Currency UK Pounds
Share Price 186.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 252.00p
52 Week Low 168.00p
Volume 3,986
Shares Issued 273.02m
Market Cap £507.81m
Beta 0.35
RiskGrade 192

Uniphar (CDI) Star Ratings

Compare performance with the sector and the market.
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50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
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Uniphar (CDI) Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Sep-24 18-Apr-24
Paid 04-Oct-24 14-May-24
Amount 0.67¢ 1.19¢

Trades for 06-Dec-2024

Time Volume / Share Price
14:11 20 @ 182.16p
13:43 2,900 @ 188.00p
11:29 1,000 @ 182.39p
08:03 66 @ 182.00p

Uniphar (CDI) Key Personnel

CEO Gerard Rabbette
CFO Timothy Dolphin

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