Animalcare ahead of forecasts

Animalcare Group expects that trading for the year ending 30 June 2017 will be ahead of current market forecasts.

It says trading during the first half was ahead of the board's expectations in both sales and profit terms, which saw revenue growth of 12.0% versus the corresponding period last time to £7.97m (2015: £7.11m).

Four products were launched in the first half; three as part of a range of ear cleaners and treatments, all on distribution, and one new product from our in-house development pipeline, Acecare (a companion animal sedative).

At 9:57am: (LON:ANCR) Animalcare Group PLC share price was +17p at 311p