Resilience. A theme that has permeated a plethora of updates from the animal sector in recent weeks, prompting bosses to raise guidance even as they flag the risks posed by Covid-19.
Indeed, the broader animal market – spanning pet-care as well as food-producing livestock – has, on the face of it, been a relative pandemic ‘winner’. In a flurry of January trading statements, companies ranging from retailer Pets at Home (PETS) to pharma specialist Dechra (DPH) have cited robust performances despite the turbulent backdrop of the coronavirus crisis.
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