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...

More Services

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Aussie fund manager Shaws buys Devon Funds
Finance

Aussie fund manager Shaws buys Devon Funds

The deal is the latest tie-up between Australian and NZ funds managers.

Staff reporters 24 Jun 2025
Buy NZ Made's new service trademark sets high bar
Services

Buy NZ Made's new service trademark sets high bar

One certified business says it sets it apart from multinational competitors.

John Anthony 23 Jun 2025
Reel pain: Strikes hit NZ cinemas, profits dive
Services

Reel pain: Strikes hit NZ cinemas, profits dive

Cinema chains in NZ face box office suspense.

Victoria Young 28 May 2025