NZ's Ebos Group H1 profit triples

Wed, 19 Feb - 7:26am

WELLINGTON, Feb 19 (Reuters) - New Zealand medical supplies and pet care company Ebos Group Ltd said on Wednesday it had more than tripled its half-year profit as it bedded down its major expansion.

The company said net profit after tax for the six months to Dec 31 was NZ$49.4 million ($41.03 million) just above guidance of NZ$48.7 million, and last year's NZ$15 million.

The improved result reflected the company's increased size after acquiring Australian pharmaceutical wholesaler Symbion in May last year.

Ebos declared a dividend of 20.5 cents a share compared with last year's 17.5 cents a share.

($1 = 1.2041 New Zealand dollars)

(Gyles Beckford, editing by David Evans)

((Gyles.Beckford@thomsonreuters.com)(+64 4 802 7977)(Reuters Messaging: gyles.beckford.reuters.com@reuters.net))

Keywords: EBOS EARNINGS/

URN: 
urn:newsml:reuters.com:20140218:nW9N0IO017:4
Topics: 
HLTH RES NZ AU CMPNY RWS HECA ASIA LEN HPRD RTRS BACT HEA DIV MCE RESF ECI PHMR MEDQ DRU

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