Choppy trading in world stocks ahead of central bank moves
Standout performer in Dublin was healthcare services group Uniphar, which finished up 6.8% after positive trading update
Uniphar
‘Good start’ to 2024 positions Uniphar for growth across divisions, says chairman
Healthcare services group reported a 27.1% jump in gross profits last year, driven by acquisitions
Higher interest rates drag on profits at Uniphar despite growth
Healthcare group traded ‘strongly’ in first half, meeting medium-term growth target
European shares recover from six-week low as investors’ eyes turn to crucial US Fed meeting
Meanwhile, as China’s central bank surprised analysists and delivered a smaller than expected cut to lending rates, Asian stocks tumbled, and these policy signals from China also weighed on sentiment in other global markets.
Pay rises totalling 9.5% recommended for workers at Uniphar
Labour Court suggests workers should receive a 5% rise this year with further increases until 2025
Uniphar racks up organic profit growth of 5% in first half
Outperformance of supply chain and retail division helps drive performance
Uniphar’s combined executive pay packets top €2.2m
Details on remuneration are set out in the group’s annual report for 2022
Uniphar and Navicorp filed three sets of remedies to CCPC before deal blocked
Uniphar were allowed to add to its chain of pharmacies with the purchase of the Sam McCauley network of 37 outlets in months leading up to proposed deal
Uniphar records strong performance as it hits the acquisitions trail
Company is predicting further profit growth for 2023, with purchase of McCauley pharmacy chain approved
Uniphar’s organic growth drives profit for 2022 as net debt drops
Healthcare services group set to acquire McCauley Pharmacy Group after competition authorities’ clearance
Irish stock exchange ‘optimistic’ on 2023 IPOs
Only three companies have floated in Dublin in the past four years
Uniphar gets green light for €50m McCauleys pharmacies deal
Listed group agrees to sell three specific outlets to meet competition concerns of regulator
Fewer deals notified to competition watchdog as pandemic M&A boom wanes
But ‘increasingly complex’ nature of proposals leads to jump in extensive investigations, says CCPC
Kingspan and Uniphar lead Iseq 20 losers in 2022 as equities plummet globally
Index has fallen by more than 17% as concerns over inflation, Ukraine, interest rates and recession hit home
Uniphar says deal ‘will not proceed’ after competition watchdog blocks purchase
Deal is the first that Irish competition officials have decided to block since 2008
Uniphar signs for new 322,000sq ft warehouse at Dublin’s Greenogue Logistics Park
Irish-listed healthcare group agrees biggest industrial transaction of the year with Con McCarthy’s Jordanstown Properties
European shares dip amid worry over surging Covid-19 cases in China
Iseq index advances 0.2 per cent to 7,236.99, buoyed by building materials company CRH, with banks also a bright spot
Uniphar acquires Dutch pharma wholesaler BModesto for €75m
Deal ‘transforms’ Irish-listed healthcare group’s capacity in continental Europe
Uniphar acquires US healthcare agency Inspired Health in latest strategic deal
Acquisition will increase Irish-listed company’s US footprint and is expected to deliver return on capital of 12%-15% in three years
Uniphar to buy McCauley Pharmacy for about €50m
Deal will add 37 retail pharmacies to the group, as Davy compares it to Hickey’s acquisition in 2020
Pretax profits at Uniphar climb nearly 10% despite ‘inflationary pressures’
Irish-listed healthcare group says it marked its entry into Asia-Pacific region with acquisition of Australia-headquartered Orspec Pharma
Italian and German shares drop as EU agrees on gas rationing
Permanent TSB edges 2.2 per cent higher to €1.38 ahead of publication of its interim results.
Uniphar chalks up organic gross profit growth of 5% in first half
Irish-listed healthcare group says it traded in line with expectations during the first half of year
Uniphar trading in line with expectations and maintains guidance
Healthcare group accounts for over a fifth of the retail pharmacy market in the Republic
CCPC to take in-depth look at Uniphar’s acquisition of NaviCorp
Move necessary to establish if deal could reduce competition in the State, watchdog says
Uniphar wins Company of the Year at Irish Times Business Awards
Irish-listed healthcare group defied Covid-19 pandemic to deliver a 31% surge in profits
Uniphar reports strong year as revenue and profit rise
Acquisitions continue to play key role in strategic growth of healthcare services firm
European shares inch higher on strong commodity shares
Financial stocks in retreat as Kerry the star performer after posting strong results
Bank of Ireland back on board to sponsor Irish Times Business Awards
Event at Mansion House on April 21 will include Business Person of the Year prize
Healthcare group Uniphar reports 8% increase in profits
Dublin and London-listed group focuses on delivery of medical information
European stocks end year up 22% with Kingspan hitting a 52-week high
Thin volumes in Dublin, which only opened for a half-day with Iseq 0.5% lower
Uniphar and Kingspan lead Iseq winners in 2021 as Flutter and Ryanair dive
Uniphar’s gross profit surges 31% in the first half of the year
Uniphar announces three acquisitions in the UK and Ireland
E4H, Navi and Devonshire targeted in latest acquisition drive
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