Anpario (GB:ANP) has released an update.
Anpario PLC has reported a strong sales and profit performance in the first half of the year, with significant growth in regions like Asia Pacific, the Middle East, Africa, and South America, despite weaker trading in the US and Australia. The company’s focus on business development in the ruminant and aquaculture sectors is paying off, with their Orego-Stim® Forte product gaining traction in the aquaculture industry. Anpario’s stable raw material prices and efficient production have led to improved margins and profitability, bolstering their cash reserves to £12.2m, which positions them well for future growth.
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