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Uniphar notes organic growth across all divisions last year

ALN

Uniphar PLC said on Thursday that its financial performance in 2022 was aligned with the board’s expectations and that it delivered organic growth across all divisions.

Uniphar is a Dublin-based healthcare services company working across three divisions: commercial & clinical, product access & supply, and retail.

Uniphar said that it had delivered 5.7% organic gross profit growth last year, with organic growth in all divisions and an outperformance in the supply chain & retail division.

Earnings before interest, taxes, depreciation, and amortization increased by 13% to €98.0 million.

Chair Maurice Pratt said: ‘I am pleased to say that 2022 was another successful year for Uniphar, with further progress made towards our financial and strategic objectives. The group delivered a strong financial performance, in line with the board’s expectations.

‘Uniphar has traded in line with the board’s expectations in the first four months of 2023 and remains well positioned to deliver organic gross profit growth across all divisions and to deliver on expectations for the full year.’

Shares in Uniphar were up 2.5% at 3.08 pence on Thursday morning in London.

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