Photo: GettyEbos has posted a strong rise in profit as its businesses benefited from a sales boost because of the pandemic. Net profit was up 16.5 per cent to $A168.3 million for the year ended June, with revenue rising 26.5 per cent to $A8.8 billion. The result was boosted by huge sales growth in its healthcare businesses. The company had invested to support the growth of its consumer products business with a new distribution facility in Auckland. Ebos said it had a strong balance sheet with approximately $A400-450m available for further acquisitions that aligned with its growth strategy.

Source: Otago Daily Times August 20, 2020 00:00 UTC