Ebos lifts annual net profit 18% but says outlook uncertain

Ebos lifts annual net profit 18% but says outlook uncertain
Jenny Ruth
Ebos Group lifted statutory annual net profit 18 percent on the back of strong performances from both its human and animal care businesses but said the outlook remains uncertain because of the coronavirus crisis. The pharmaceuticals distributor and franchisor reported net profit of $162.5 million for the year ended June, up from $137.7 million the previous year. Sales rose 26.5 percent to $8.77 billion for the latest year, reflecting the impact of winning the Chemist Warehouse Group contract which kicked in from July 1. Underlying earn...

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