Eco Animal Health (GB:EAH) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Eco Animal Health reported a 13% drop in revenue to £33.2 million for the first half of 2024, impacted by currency fluctuations and reduced demand in China. However, the company maintains a positive outlook for the second half, buoyed by increased sales in North America and Latin America and strategic investments in its R&D pipeline. ECO also capitalized on the disposal of a non-core product, generating a £1.0 million gain, as it focuses on strengthening its core veterinary offerings.
For further insights into GB:EAH stock, check out TipRanks’ Stock Analysis page.