Anpario plc

Anpario

AIM – Food

Anpario is an international producer and distributor of high performance natural feed additives for animal health, hygiene and nutrition.  These are mainly used in animal food for poultry, swine and cattle.  The group operates globallyand imports/exports to over 70 countries with over 75% of sales overseas

Company In Brief

Share Price at time of reporting: 400p

Last Report dated – 22 September 2020

Market capitalisation – £92.5m

Prospective p/e ratio – 22.2x

Prospective dividend yield – 2.1%

Review

The company has recently announced excellent interim results for the six months to 30 June with both revenues and pre-tax profits increasing over last year.  This is clearly impressive given the impact of Covid-19 and the company reported net cash of £13.2m at 30 June.  Operating in a growth market with a strong balance sheet the outlook for the group remains very positive.