UK's Anpario full-year revenue rises on Bio-Vet acquisition, raises dividend

Anpario

31/03/2026 07:12

Overview

UK feed additives maker's full-year revenue rose 24%, driven by Bio-Vet and premium products

Adjusted EPS for the year met analyst expectations, adjusted EBITDA beat estimates

Company increased total dividend for the year by 11%

Outlook

Trading to date in 2026 is in line with strong Q1 performance in the prior year

Company expects continued growth in North America and a strong start in the Middle East

Anpario is monitoring Iran conflict impact and working to mitigate logistics disruptions

Result Drivers

BIO-VET ACQUISITION - Full-year contribution from Bio-Vet drove revenue and profit growth, with strong H2 sales and successful integration, especially in the Americas

PREMIUM PRODUCTS - Growth in premium product classes such as Orego-Stim and Optomega Algae, together with Bio-Vet's range, improved gross margins

REGIONAL GROWTH - Strong like-for-like sales growth in the Americas and Asia, offsetting weaker performance in the Middle East and Brazil

Company press release: ID:nRSe7232Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EPS
Meet
GBP 0.39
GBP 0.39 (3 Analysts)
FY Adjusted EBITDA
Beat
GBP 9.64 mln
GBP 9.50 mln (3 Analysts)
FY Gross Margin
50.90%
FY Basic EPS
GBP 0.40
FY Gross Profit
GBP 24 mln
FY Pretax Profit
GBP 8 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the fishing & farming peer group is "buy"

Wall Street's median 12-month price target for Anpario PLC is GBp598.00, about 39.1% above its March 30 closing price of GBp430.00

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)