Updates

UDG Health

October 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.

After a strong first half, Q3 was down year-on-year as expected for healthcare services group UDG. However, a strong performance from its Sharp division and improving visibility towards the end of the financial year resulted in new eps guidance (previously withdrawn) of 43-45 cents, implying a 5-9% decline, but pretty resilient compared with many others.Sharp, which packages and labels pharmaceutical products such as cartons and blister packs, traded very well in Q3, with operating profit significantly ahead of last year, thanks to growing demand, improving mix effects and operational improvements.During the period Sharp also completed a US$37.5m investment for a 25% stake (with option to acquire the rest) in Berkshire Steril ...

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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 Healthcare (June 2020)

UDG Healthcare (January 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)

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