Radio New Zealand - Te Reo Irirangi o Aotearoa

Ebos boosts bottom line 20%

Updated at 12:15 pm on 22 August 2012

Ebos' full-year profit rose by a fifth following the medical supply company's decision to branch out into the animal health sector.

The listed firm's profit after tax was up 19.4% to $27.9 million for the year to the end of June, compared to the previous year.

Revenue rose 6.3%, while underlying earnings rose 14.3% to $43.1 million.

Chief executive Mark Waller says the acquisition of the Masterpet animal health business last December drove the result.

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