Make your money go further for just 25p per day

Animalcare (AIM:ANCR) - customer concentration update

19/10/2015 · Animalcare (ANCR) 

​Our recent commentary on Animalcare, the leading supplier of veterinary medicines, drew attention to the customer concentration. Following guidance from the company we can provide clarification on this point

Our commentary stated that customer concentration could be viewed a concern with 3 key customers representing 91% of Group revenue

The Company has clarified that this is driven by the supply chain model in the UK whereby there are 3 main wholesalers supplying the whole market. So Animalcare sells product into the wholesalers who in turn sell these products to circa 4,500 vet practices/branches within the UK. The Company’s sales team (field force and telesales)…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Animalcare

Fantastic results from under-appreciated gems

24/09/2024 · Company Insights

News covered here includes our assessment of excellent results from several fast-growing AIM companies. The founder…


Flush with cash | Special dividends | Corporate undertakers

25/07/2024 · Company Insights

News covered here includes our assessment of updates and results from an eclectic mix of elderly…


More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP