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Anpario (ANP) investor relations material
Anpario H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 24% year-over-year to £47.2m, with gross margin rising to 50.9% from 46.9%.
Profit before tax increased 54% to £8.0m, and adjusted EBITDA rose 38% to £9.6m.
Basic earnings per share climbed 63% to 40.20p; total dividend for the year up 11% to 12.50p per share.
Strong cash generation, with year-end cash and equivalents at £12.4m.
Full-year contribution from Bio-Vet acquisition, with successful integration and strong H2 sales.
Financial highlights
Revenue: £47.2m (+24% YoY); like-for-like revenue (excl. Bio-Vet) up 12% to £40.5m.
Gross profit: £24.0m (+34% YoY); gross margin: 50.9% (up from 46.9%).
Adjusted EBITDA: £9.6m (+38% YoY); profit before tax: £8.0m (+54% YoY).
Basic EPS: 40.20p (+63% YoY); diluted adjusted EPS: 39.49p (+33% YoY).
Cash and cash equivalents: £12.4m (+18% YoY); net assets: £41.0m (+13% YoY).
Outlook and guidance
Trading in early 2026 is in line with strong Q1 2025; continued growth expected in North America and Middle East.
Management remains vigilant to geopolitical risks, especially in the Middle East, but expects continued progress due to a healthy pipeline and diversified business.
Focus remains on innovation, customer engagement, and operational improvements.
- Revenue and profit surged, driven by Bio-Vet and margin gains, supporting global expansion.ANP
H2 20241 Apr 2026 - Record sales and profit growth, with gross margin up to 47.5% and EPS up 84%.ANP
H1 20241 Apr 2026 - Revenue up 34%, profit before tax up 62%, and gross margin at 51.4% year-over-year.ANP
H1 202531 Mar 2026 - FY 2024 revenue and EBITDA are set to surpass expectations, driven by robust sales and acquisitions.ANP
Q4 2024 TU31 Mar 2026 - FY 2025 revenue and EBITDA surpassed expectations, driven by broad-based and Bio-Vet growth.ANP
Q4 2025 TU31 Mar 2026
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