Anpario shares fall as warns of Iran war impact; interim profit up

Anpario PLC on Wednesday cautioned that the impact from the ongoing war between the US and Iran is being felt across the Asia region, negatively impacting sales.

While the Worksop, Nottinghamshire-based maker of animal feed additives reported improved half-year earnings, it warned of a tough trading backdrop amid the Middle East conflict.

Pretax profit in the first half of 2026 expanded 11% to £3.8 million from £3.4 million the previous year, with revenue rising 6.9% to £24.3 million from £22.7 million.

The company announced an interim dividend of 3.8 pence per share, up 5.6% from 3.6p a year prior.

Chair Matthew Robinson said: "The success achieved in the first half has come despite the challenging macroeconomic environment, the effects of which have been felt more acutely in some markets, tempering the overall growth of the group.

"Whilst these conditions may persist into the second half, the group's geographic diversity, structural demand drivers for our products and disciplined commercial strategy position it well for continued sustainable growth."

However, Anpario cautioned: "The impact from the ongoing Iran conflict is being felt the most across our Asia region with lower sales compared to the prior year, which has softened the start to the second half for the group. We expect these challenges to continue for the remainder of the year."

Chief Executive Officer Richard Edwards said: "We remain confident in the long-term prospects for the business. Demand for solutions that improve animal health, productivity and sustainability continues to grow, and the strategic initiatives undertaken across the group are enhancing our ability to serve customers more effectively."

Anpario shares fell 11% to 486.35 pence each on Wednesday afternoon in London. They are 15% higher than a year ago.

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