Monday 19 February 2018

UDG reports solid performance

Group revenues and operating profits have risen at UDG Healthcare
Group revenues and operating profits have risen at UDG Healthcare

Group revenues and operating profits at UDG Healthcare in the nine months to the end of June were ahead of the same period last year.

The Dublin-based company said profits were driven by a strong performance in its Ashfield commercial and medical services division.

Analysts said the company had reported a solid performance overall.

The company also said that the performance for the third quarter was good, with group revenues and adjusted profits ahead of last year.

"UDG has noted a good Q3 trading performance, with Ashfield becoming the largest profit contributor for the first time," said Davy analyst Jack Gorman.

Irish Independent

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