Wednesday January 29, 2020

UDG posts operating profits of $158m as acquisition spree continues

Dublin-based healthcare group buys US agency Canale Communications for up to $31m

26th November, 2019
Brendan McAtamney, UDG’s chief executive, said 2019 had been a year of “strong strategic progress”

UDG Healthcare recorded operating profits of more than $158 million last year on the back of strong earnings growth.

The Dublin-based healthcare services group reported full-year earnings per share growth of 7 per cent to 48.4c on a constant currency basis. The performance was at the upper end of the analysts' expectations.

Net debt at the end of September stood at $80.5 million compared with $60.8 million at the same point in 2018.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Zoetis, the animal pharma giant, has acquired exclusivity on Stablelab, a hand-held test that quickly assesses the severity of infections in horses

Peter O'Dwyer | 1 month ago

Friel ready to stump up €3m of fundraising for purchase of British clinical trials firm

Ian Guider | 1 month ago

A former worker at the US firm‘s Shannon plant claims his Parkinson’s disease is linked to exposure to dangerous chemical

Barry J Whyte | 2 months ago