Margins under pressure at Dechra

Veterinary pharmaceutical firm Dechra Pharmaceuticals has reported that group revenue for the six months ended 31 December was around 9.1% ahead of the equivalent period last year.

Veterinary pharmaceutical firm Dechra Pharmaceuticals has reported that group revenue for the six months ended 31 December was around 9.1% ahead of the equivalent period last year.

In European Pharmaceuticals the group achieved revenue growth of around 10.5% (7.8% at constant currency) compared to the same period last year. Branded pharmaceutical revenue increased by 13.8% at constant currency compared to the equivalent period last year. Specialist pet diets revenue was flat at constant currency due to a reduction in export sales, which was offset by an increase in sales in core markets.

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