- Animalcare's trading in the first four months of the financial year is ahead of prior year and in line with management expectations, shareholders at the annual general meeting later today will be told.

Chairman James Lambert will say: "Our investment in the infrastructure of the business is starting to deliver returns, including positive results from key account management and our new telesales team. Our product development pipeline is progressing well against internal project management milestones.

"We announced on 15th October 2014, that the Board has proposed the payment of an increased final dividend of 4.0 pence per share, giving a total dividend for the year of 5.5 pence per share, representing a 3.8% increase on the prior year. Formal approval will be sought at the AGM today.

"Together with my fellow Board members, we would like to take this opportunity to thank our valued shareholders and stakeholders. The management of Animalcare has worked hard to build a solid foundation for the business, on which to deliver a step change in product development and sustained growth in the years to come. As a Board we remain confident that we are on track to deliver results for the full year in line with market expectations."

At 8:01am: [LON:ANCR] Animalcare Group PLC share price was +1.5p at 134p

Story provided by