29 May 2024 - annual results
The UK's leading pet care business has announced its results for the 52 week periof ending on 28 March and these revealed that revenues rose by 5.2% to £1.5bn although underlying pre-tax profits declined by 3.2% to £132.0m. Earnings pr share on the same basis were 9% lower at 20.7p and the dividend for the year was maintained at 12.8p per share. The results are pretty much in line with our forecasts when we recommended the shares at 284.6p back in February. The fall in profits . . .
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