UDG Healthcare raises full-year earnings forecast


UDG Healthcare Plc reported a 19 percent rise in adjusted operating profit and raised its full-year earnings forecast.
The company, which provides outsourced sales and marketing, drug distribution and packaging services to healthcare firms, said it expects adjusted earnings per share (EPS) growth of 7 percent to 9 percent at constant currency.
UDG Healthcare had earlier forecast growth of 5 percent to 8 percent for the year to Sept. 30, 2015.
Adjusted operating profit rose to 53.6 million euros ($60.9 million) for the six months ended March 31 from 45.0 million euros a year earlier.
Revenue rose 9 percent to 1.13 billion euros.