Anpario expects successful annual report

Anpario expects to report a successful year with earnings and profits after tax in line with market forecasts, the animal feed company announced Friday.

Anpario expects to report a successful year with earnings and profits after tax in line with market forecasts, the animal feed company announced Friday.

The supplier of natural feed additives in agriculture and aquaculture said results over the past nine months were driven by newly acquired Meriden Animal Health which is performing in line with expectations.

Meriden was snapped up for about £4.0m in March.

"[This year] has started well and the group continues to target organic growth and strategic investment activity in key export markets," the company said.

The company remains debt free with cash balances of £3.7m at the year-end.

Financial results for the year to December 31st will be announced in April.

Shares were up 1.96% to 130.00p at 08:42 Friday.

RD

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