Anpario Reports Positive Trading Momentum and Expands Share Buyback Programme (ANP)

Anpario (LSE:ANP) said trading during the opening months of 2026 has remained strong, with both revenue and profit exceeding the prior-year period and tracking in line with market expectations despite ongoing geopolitical and economic uncertainty.

The animal nutrition specialist highlighted robust performances across several key international markets, helping to sustain growth momentum at the start of the year.

International Markets Drive Growth

The Middle East was among the strongest-performing regions during the period, supported in part by the first commercial sales of the company’s recently launched AmpLIPhy product.

Anpario also reported continued growth across its operations in the United States and Australasia, reflecting ongoing demand for its animal health and nutrition solutions.

Management said the broad-based nature of the growth demonstrates the resilience of the company’s global business model despite challenging market conditions.

Margins Maintained Through Pricing Discipline

The company noted that increases in logistics and raw material costs have largely been passed through to customers, helping to protect profitability.

As a result, gross margins have remained broadly consistent with levels achieved during the latter part of 2025.

Management said a disciplined pricing strategy continues to support earnings resilience while enabling the business to manage inflationary pressures affecting its supply chain.

Shareholder Returns Enhanced

Anpario has also accelerated capital returns to shareholders through an ongoing £3 million share buyback programme.

The company said approximately £2 million of the authorised amount has already been deployed, complementing its established dividend policy and reflecting confidence in both the business and its financial position.

The buyback programme is supported by a strong cash balance and the group’s historically conservative approach to capital management.

Recognition for Sustainability Efforts

During the period, Anpario also received recognition as ESG Company of the Year, highlighting its focus on sustainable animal nutrition and responsible business practices.

Management believes sustainability remains an increasingly important consideration for customers and industry participants, supporting long-term demand for the company’s natural feed additive portfolio.

Positioned for Continued Progress

With growth across several core markets, stable margins and a strong balance sheet, Anpario believes it is well positioned to navigate ongoing macroeconomic challenges while continuing to invest in product development and international expansion.

The company remains focused on supporting livestock performance through natural, sustainable nutrition solutions while delivering value to shareholders through both growth and capital returns.

More about Anpario

Anpario plc is an independent manufacturer of natural animal feed additives designed to improve animal health, nutrition and biosecurity. The company supplies products to livestock producers worldwide, with operations spanning key agricultural markets including the Middle East, North America and Australasia. Its portfolio includes acid-based eubiotics and other specialist feed solutions, including the recently launched AmpLIPhy product, aimed at enhancing animal performance through sustainable nutrition.

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