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Uniphar PLC - Dublin-based healthcare services provider - Says it is confident in delivering 2022 expectations as it reports a profit for the first half of the year. Posts interim organic gross profit increase of 5% ‘against a strong comparative period,’ referring to the first half of 2021.
Growth is ‘driven by organic growth across each division and an outperformance in Supply Chain & Retail,’ Uniphar explains. ‘Mergers & acquisitions will continue to play an important part in Uniphar's compounding growth strategy,’ the firm reiterates. Mentions no dividend.
‘We remain confident and are on track to achieve our strategic objective of doubling earnings before interest, tax, depreciation and amortisation - within 5 years of initial public offering,’ it says.
The firm which had its IPO in July 2019 aims to release its interim results ended June 30 on August 30.
Current stock price: 320.00 pence, up 0.8% on Tuesday
12-month change: up 1.6%
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