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Dechra underlying operating profits up

27 February 2017 09:24

Dechra Pharmaceuticals posts underlying operating profits of £38.6m for the six months to the end of December - up 47.1% at actual exchange rates and 28.6% at constant currencies.

Revenues of £172.6m were ip 55.9% at actual exchange rates and 34.7% at constant currencies.

On a reported basis, operating profits rose to £17.6m from a restated £15.9m last time.

Chief executive Ian Page said: "Our core portfolio continues to grow, the enhanced product pipeline is delivering new products and good progress has been made on the rationalisation and integration of our recent acquisitions."

At 9:24am: (LON:DPH) Dechra Pharmaceuticals PLC share price was +52p at 1592p

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