Updates

UDG Healthcare

January 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares spiked to new highs after UDG released finals slightly ahead of expectations with operating profit rising 9% to US$158.4m (consensus: US$155m) on a constant currency basis and eps increasing 7% to 48.4 cents. More impressive still, net debt was just US$80m (net debt / EBITDA: 0.4x) and well below forecasts for US$116m thanks to strong free cash generation and lower than expected capex.Ashfield, which promotes new drugs to physicians and provides healthcare communications, increased revenues by 3% to US$374m with profits rising 10% to US$108.4m. The communications side, Ashfield Communications & Advisor (70% divisional profits), was the star, growing profits 21%. A new acquisition, announced on results day, of Canale ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Cranswick - Terrific 182% gain

Homeserve - Gain to date: 106%

UDG Healthcare - Take-over at 1080p yields a 97% gain (August 2021)

UDG Healthcare - 1023p-a-share cash offer (July 2021)

UDG Healthcare - Operating margin at Sharp jumps from 12.9% to 15.5% (January 2021)

UDG Health (October 2020)

UDG Healthcare (June 2020)

UDG Healthcare (July 2019)

UDG Healthcare (August 2018)

UDG Healthcare (July 2018)

UDG Healthcare - Confident CFO's unofficial target is 20% eps growth p.a. (April 2018)

UDG Healthcare (February 2018)

UDG Healthcare (December 2017)

UDG Healthcare (September 2017)

UDG Healthcare - Shares hit new high of 837p (July 2017)

UDG Healthcare - Shares rise above £7 for first time (April 2017)

UDG Healthcare (February 2017)

UDG Healthcare (July 2016)

UDG Healthcare - Completes disposal of wholesale drugs arm (May 2016)

UDG Healthcare (March 2016)

UDG Healthcare - Healthcare firms profitability soars after sale of low margin business (January 2016)

UDG Health - Key disposal will lift margins for high-flying healthcare group (November 2015)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X