Animalcare Group plc (AIM:ANCR) – all is well if unspectacular
The AIM quoted supplier of veterinary medicines, offered a reassuring trading update for the year ending 30th June 2015 with a “solid” trading performance. There is growth, although it appears somewhat modest given the very high rating of this small Group - a nice little business nonetheless.
Animalcare operates in three product areas: Licensed Veterinary Medicines - a range of branded veterinary licensed pharmaceuticals sold to veterinary professionals in the UK and selected markets in Northern Europe. Companion Animal Identification - Identichip is the pioneering microchip identification system in the UK. Animalcare also owns and operates the Anibase database; together the market leader in electronic identification for pets in the UK. Animal Welfare Products - a range used by veterinary professionals in the diagnosis and care of their patients, for example intravenous infusion accessories, ophthalmic instruments, hygiene solutions and bandages and dressings. Group revenues were up 5.1%…