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Apiam 2019 AGM Report.pdf

Chairmans-Address-to-Shareholders.x19297.pdf
Preview of Apiam 2019 AGM Report
🔗 Source: apiam.com.au
📊 Size: 205 KB
👤 Author: Susie O'Shea
⬇️ Downloads: 92

Summary

Apiam Animal Health reported $112m revenue in FY2019, a 4.8% increase, despite challenging industry conditions. Underlying EBITDA increased 2.2% but was below budget expectations. The company's diversification strategy helped maintain a stable revenue base. Apiam acquired ACE Laboratory Services for $16m and Grampians Animal Health, expanding its product and service offerings. A new Practice Management System was rolled out, and two new veterinary initiatives, Best Mates and ProDairy, were launched. The company aims to deliver sustainable returns for shareholders while supporting agricultural customers.

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Description

Apiam Animal Health reported $112m revenue in FY2019, a 4.8% increase, despite challenging industry conditions.

Technical Information

  • File Format: PDF
  • File Size: 205 KB
  • Pages: 3
  • Language: EN
  • Author: Susie O'Shea
  • Total Downloads: 92
  • Last Updated: 1 month ago

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