News

Uniphar Expects to Meet Earnings Targets

1 Mins read

By Elena Vardon

Uniphar, a leading healthcare-services provider, announced on Wednesday that it anticipates meeting its earnings targets for 2023. The company reported in-line gross profit growth in the first half, setting a solid foundation for future success.

Although specific figures were not provided, analysts estimate that Uniphar will report earnings before interest, taxes, depreciation, and amortization of €116.5 million ($128.8 million) for the year, based on forecasts compiled by FactSet.

It is worth noting that rising interest rates may pose a minor challenge to the company’s earnings-per-share expectations. Despite this potential headwind, Uniphar remains optimistic about its performance.

During the six months ended June 30, Uniphar achieved organic gross profit growth of over 5%, demonstrating the company’s ability to generate sustainable revenue. Furthermore, the company’s normalized free cashflow conversion aligns with its mid-term guidance.

Chief Executive Ger Rabbette expressed his satisfaction with the company’s progress, stating, “Having achieved our strategic objective of doubling Ebitda within 5 years of IPO, we will unveil new medium-term targets along with our interim results.”

Related posts
News

What happens if $FUN hits $0.10? Price scenarios, holder behaviour, and post-breakout plans

3 Mins read
What if a simple $100 investment today could become $1,000 by Christmas? FUNToken sits at $0.009978 on June 30, 2025, just pennies…
News

AAS MINER Announces the Launch of an Innovative Free Cloud Mining Mobile App for Crypto Enthusiasts Worldwide, Opening a New Era of Digital Asset Mining

4 Mins read
LONDON, UK, July 04, 2025 (GLOBE NEWSWIRE) — AAS MINER Announces the Launch of an Innovative Free Cloud Mining Mobile App for…
News

Is Strategy Stock (MSTR) Still a Buy After a 210% Jump?

1 Mins read
Strategy (MSTR) stock has soared about 210% over the past year, fueled by its bold bet on Bitcoin (BTC). For many investors,…

Leave a Reply

Your email address will not be published. Required fields are marked *