AHX 1.89% 52.0¢ apiam animal health limited

Ann: FY24 Results Announcement, page-5

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  1. 628 Posts.
    lightbulb Created with Sketch. 63
    Listening to the conference call as I type. I asked regarding the slowdown in 2nd half vs 1st half and a trading update so far for the first 6 weeks. Response is that they expect a similar level of growth in FY25 to FY24 driven by a 50bps increase in GM and focus on higher margin products.

    Chris mentioned the slowdown in 2nd half is more seasonal, not sure about this one but ok.

    SIB is approx $5m and they’re back looking for acquisitions with debt being reduced slightly
    Last edited by Chao88: 23/08/24
 
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