Sharechat Logo

Ebos reports higher profit, has ample supplies for Canterbury

Thursday 24th February 2011

Text too small?

Christchurch-based medical supplies company Ebos Group has reported a 9.7% rise in interim operating earnings and says it has ample stock nationally to support Canterbury after Tuesday's earthquake.

"As a Christchurch-based company we are acutely aware of the impact of the devastating earthquake on the city, its people and businesses. Our sympathy is extended to everyone at this sad and difficult time," the company said at the outset of its interim profit release today. All of its staff based in Christchurch are safe.

"As a key supplier of pharmaceuticals and medical supplies we can assure continuity of supply to the region. Local distribution capability is being supplemented by our major regional distribution centres. We have ample stockholding nationally to support Canterbury," the company said.

Ebos reported earnings before interest, tax, depreciation and amortisation of $20.7 million in the six months to December 31, up 9.7% on a year ago. The net profit of $19.8 million was boosted by the sale of the scientific business and the profit from ongoing operations rose 12.6%.

Directors have declared a fully imputed interim dividend on 13.5 cents per share, payable on April 21. This is on top of the recent special dividend payment of 20 cents per share. The record date for the interim dividend is April 8.

The company said it was looking at projects and opportunities to drive growth.

 

NZPA



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Kiwi Property Group Limited (NZX: KPG) Signs Sale and Purchase Agreement with IKEA
2nd December 2021 Morning Report
The New Zealand Refining Company Limited (NZX: NZR) Launches Share Purchase Plan
Seeka Limited (NZX: SEK) Confirms Market Guidance
Australia and New Zealand Banking Group Limited (NZX: ANZ) Acknowledges Class Action Proceedings
1st December 2021 Morning Report
Livestock Improvement Corporation Limited (NZX: LIC) Appoints New Chief Executive
30th November 2021 Morning Report
Serko Limited (NZX: SKO) Announces Opening of NZ$10 Million Retail Offer
Rua Bioscience Limited (NZX: RUA) Rua to Accelerate Growth with Proposed Acquisition of Zalm