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UDG Healthcare expects profit growth up to 13% this year


UDG Healthcare expects profit growth up to 13% this year
Dublin-based healthcare services company says profit in first quarter ‘ahead’of last year
Tue, Jan 26, 2021, 07:43
 
Dublin-based healthcare services company UDG Healthcare expects adjusted operating profit to be between 11 per cent and 13 per cent ahead of the $165.3 million (€136.5m) it reported in its full year 2020.
It said on Tuesday it expected adjusted diluted earnings per share to be between 9 per cent and 11 per cent ahead of the 47.7c reported last year.
Both of those projections have been made “before the amortisation of acquired intangible assets, transaction costs and exceptional items”.
“The group’s strong balance sheet allows it to make further strategic acquisitions as those opportunities arise, complementing its continued underlying profit growth,” it said. ....

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