Anpario delivers 'stronger than expected' FY operating performance
By Iain Gilbert
Date: Monday 19 Jan 2026
(Sharecast News) - Animal feed additives manufacturer Anpario said on Monday that it had delivered a "stronger than expected operating performance" in the second half of 2025, leading to both full-year revenue and adjusted underlying earnings growing year-on-year.
Anpario said year-end sales were higher than anticipated and now expects revenue for the 12 months ended 31 December to be approximately £47.1m, up from £38.2m in 2024, and added that "this strong performance in revenue" combined with its high operational gearing, would result in adjusted EBITDA coming in ahead of current market expectations and being no less than £9.4m.
The AIM-listed group stated that its financial position remains strong, with year-end cash balances of £12.4m, up from £10.5m a year earlier, after accounting for the final payment related to its acquisition of Bio-Vet.
"Our strong balance sheet enables the group to invest in innovative natural product solutions, expand our global reach and explore earnings enhancing and complementary acquisitions to continue the profitable development of the group," said Anpario.
As of 0940 GMT, Anpario shares were up 4.63% at 497p.
Reporting by Iain Gilbert at Sharecast.com
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