- Animalcare's revenues rose by 5.1% to £13.5m in the year to the end of June.

Underlying operating profits rose by 11% to £3.1m and reported pre-tax profits increased by 12.6% to £3.01m.

Chief executive Iain Menneer said: "I am delighted that we've followed last year's growth with another set of solid results, particularly with a strong performance from our Licensed Veterinary Medicines business.

"Again a key feature of our financial results has been the impressive cash generation of the business which has allowed us to continue our investment in new product development whilst maintaining a progressive dividend policy. We are well positioned to deliver further growth as planned from 2017 onwards."

At 1:27pm: [LON:ANCR] Animalcare Group PLC share price was +20.5p at 240.5p

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