Animates joint owner Greencross continues push into NZ

Mon, 20 Aug 2018

By Paul McBeth Aug. 20 (BusinessDesk) - Animates owner Greencross continued to open new instore vet clinics on this side of the Tasman, helping drive sales growth for the Australian pet care firm, albeit at skinnier margins. ASX-listed Greencross, which jointly owns the Animates pet store chain with NZX-listed Ebos Group, lifted New Zealand sales 11 percent to $114.5 million in the year ended June 30, it said in a statement. Underlying earnings before interest, tax, depreciation and amortisation rose a more modest 2 percent to $14.5 mill...

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