Acquisition ImpactThe acquisition of Randlab represents a good price given the deal will boost top-line growth, be strongly accretive to margins, and drive double-digit earnings growth.
Market PositioningAnimalcare has positioned itself favorably in the resilient and growing veterinary pharma market via a balanced exposure to companion, production, and equine markets.
Valuation And Target PriceAnalyst's target price for Animalcare increases to 350p, placing it at a premium to peers, which is warranted for a business accelerating top-line growth and driving margin expansion.