Veterinary services company Greencross Limited
(ASX:GXL) expects to generate between $3.2 and $3.6 million of underlying net profit in the first half of the current financial year, an increase of between 24 and 27 per cent on last year.
Greencross says it expects underlying earnings per share growth to exceed 15 per cent for the first half, with an interim dividend of between 10 and 11 cents touted.
The company also expects first half revenue to increase from $39.4 million in the first half of last year to up to $53 million this year.
This would represent a revenue growth of up to 34.4 per cent.
Greencross maintains its strategy to consolidate the fragmented veterinary services industry in Australia.
Greencross posted a net profit of $5.5 million in the 2012 financial year.
