Ebos profit up 22% on Chem Warehouse contract

Ebos profit up 22% on Chem Warehouse contract
Jenny Ruth
Ebos lifted first-half net profit almost 22 percent as the impact of winning the Chemist Warehouse Group contract kicked in from July 1.The trans-Tasman pharmaceuticals distributor and animal health products company said net profit for the six months ended December rose to $81.7 million from $67 million in the same six months of 2018.Sales jumped 25.2 percent to $4.4 billion – the Chemist Warehouse contract will add about $1 billion to annual sales.Ebos said underlying earnings before interest, tax, depreciation and amortisation rose 13.4 perce...

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