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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
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Pharma & Biotech

Anpario gets a lift from oregano-based additive

Anpario PLC (LSE:ANP) jumped 7% as it said full-year results would beat market expectations due to the performance of Oreg-Stim, its oregano-based animal feed.

Group sales in 2023 will be at least £30.8 million and underlying profits not less than £4.4 million before impairment charges of £400,000.

Price rises and a favourable sales mix have boosted gross margins, while cost savings are helping further down the P&L account.

Year-end cash balances have also risen to £10.6 million, said the statement.

Shares rose 17.5p to 257.5p.

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