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Weekly Ratings, Targets, Forecast Changes - 02-12-22

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

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EBOS earnings rocket up 21pc to record, lifts dividend

Medical supplies and animal healthcare company EBOS Group said strong first half growth was replicated in the second, driving underlying net profit up 21.3

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Ebos lifts first half net profit to a record A$92.9 million

Ebos lifts first half net profit to a record A$92.9 million
17 Feb, 2021 01:02 AM
3 minutes to read
Ebos reported a record first half profit, due in part to a 25 per cent lift in earnings from its animal care business as people spent more time with their pets during Covid-19 lockdowns. Photo / Supplied
Australasian healthcare products distributor Ebos Group said strong performances in its healthcare and animal care segments helped drive its first half profit up by 13.7 per cent to A$92.9 million ($100m), leading to a 13.3 per cent gain in its interim dividend.
The company said is animal care division reported underlying Ebit lift of 25.6 per cent, in part driven by people spending more time with their pets during Covid-19 lockdowns.

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