UPDATE: Ebos profit up on Chem Warehouse contract

UPDATE: Ebos profit up 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 shares rose to $23.59 in early trading from yesterday's close at $23.35. They had gained 23....

More Infrastructure

CCHL looking for CEO, advice from former chair released
Infrastructure

CCHL looking for CEO, advice from former chair released

Bruce Irvine painted a rosy picture compared to previous assessments.

Port of Auckland lease proposal dead
Infrastructure

Port of Auckland lease proposal dead

The port has promised higher profits over the coming decade.

Oliver Lewis 07 May 2024
Watercare to stand alone financially
Infrastructure

Watercare to stand alone financially

The financial divorce will avoid a proposal to hike water charges by 25.8%.

Oliver Lewis 05 May 2024