- Animalcare - a leading supplier of veterinary medicines - posts pre-tax profits of GBP1.53m for the six months to the end of December, 12.9% down on last time.

Revenues rose by 2.7% to GBP7.11m but underlying operating profits fell by 13.2% to GBP1.55m.

The interim dividend is maintained at 1.8p per share.

Chairman James Lambert said: "The business has continued to perform well during the first six months of its financial year with sales up by 2.7% to over GBP7.1m which is particularly pleasing against a very strong first half in FY15. Given the top line growth during the period and increased levels of investment for the future success of Animalcare, your board remains confident about the prospects and outcome for the full year and beyond."

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