Ebos lifted profit 21% in FY22 but analysts are asking how long it can last

Chief executive John Cullity said covid could be a tailwind or a headwind by the end of FY23. (Photo: Ebos)

Wed, 24 Aug 2022

Ebos Group’s annual revenue has climbed above A$10 billion (NZ$11.15b) as the pandemic has increased demand for pharmaceutical products, but analysts are asking if that trend could reverse. The healthcare and animal products company has been a beneficiary of the covid-19 pandemic, growing its revenue from A$8.7b in 2020 to A$10.7b in 2022.This year alone it grew revenue by 16.6%, underlying earnings by 19% and underlying net profit by 21.3% to A$228.2 million.Not all the growth has been driven by the pandemic however, Forsyth Barr r...

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