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Can the listed animal sector continue to roar?

The London market has seen a spate of positive updates from pet- and animal-related companies in recent weeks
Can the listed animal sector continue to roar?

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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