Greencross confirms guidance as sales grow

Company News

Greencross Limited (ASX:GXL) has confirmed its annual underlying earnings per share guidance while reporting a rise in sales.  
 
The veterinary services company says like for like sales across its retail and veterinary businesses has strengthened since the last update in October. 
 
CEO Jeffrey David says the strong flow through of these results is accelerating growth to the bottom line. 
 
The company expects to deliver underlying earnings per share of 36 cents per share in fiscal 2015, which is a 50 per cent increase from fiscal 2014.
 
Shares in Greencross fell 5.22 per cent to close at $7.45 before the announcement was released. 
 
Greencross reported a net loss of $126 million in the 2014 financial year. 

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