Weak post-Brexit sterling could boost Eco Animal Health

Eco Animal Health talked up its position post-Brexit on Friday morning, as investors gathered for the company’s annual general meeting.

The AIM-traded company’s chairman Peter Lawrence said trading in the current year started well, with the first five months seeing sales significantly ahead of the same period last year.

“Following the ‘Brexit’ vote last June and the weakening of sterling against the major currencies in which we invoice around 97% of sales, it is anticipated that some foreign exchange benefits will enhance earnings,” he said.

“I look forward to reporting interim results to 30 September in December.”