Updates

Alliance Pharma - Cambridge Labs nehind its growth

June 2011

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.

Speciality pharmaceutical group Alliance Pharma's results for the year to 31 December were better than forecast with sales up 60% to almost Â£50m and pretax profit rising 91% to Â£16.4m. Eps rose 43% to 5.1p while net debt fell by Â£4.7m to Â£17m. The latter doesn't include its convertible loan stock, which was reduced by a third to Â£4.9m. Alliance's growth was boosted by last February's acquisition of 18 products from Cambridge Labs, which generated sales of Â£11.7m and included Â£5m-Â£6m from one undisclosed product whose sales peak every 2.5 years, with 2010 being its peak year. Its original portfolio of generic, branded medicines again sparkled, led by Deltacortril (arthritis), which grew sales by 59% to Â£13.5m ...

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

Subscribe now

Already a subscriber? Login

Shaft Sinkers - Results beat forecasts

Abcam

Alliance Pharma (July 2013)

Alliance Pharma - Acquires new products (September 2012)

Alliance Pharma (June 2012)

Alliance Pharma (November 2011)

Alliance Pharma (October 2010)

Alliance Pharma (August 2010)

Alliance Pharma - Trading ahead of expectations (July 2010)

Alliance Pharma - Gain reaches 75% in five months (May 2010)

Alliance Pharma - Substantial eps enhancing acquisition (March 2010)

Alliance Pharma - Beats expectations again (February 2010)

Alliance Pharma - Branded pharmaceuticals firm going great guns but cheap on PE of 6.7 (December 2009)

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