29th Jan 2019 16:59
LONDON (Alliance News) - UDG Healthcare PLC said Tuesday that Non-Executive Director Philip Toomey stepped down from the company's board with immediate effect.
Toomey chose not to stand for re-election at the firm's annual general meeting held on Tuesday.
All other resolutions presented at the AGM were passed.
UDG shares closed up 7.0% at 597.605 pence on Tuesday.
Earlier on Tuesday, UDG Healthcare said its performance in its first quarter saw profit "well ahead" of the year prior, with the firm expecting growth for the full year.
For the three months ended December, constant-currency pretax profit is expected to be "well ahead" of the same period the year prior, without providing specific figures.
This was in line with its previous estimates and follows a "good" start to the year with underlying growth being supplemented by acquisitions in the previous financial year.
For the full year ending September, UDG now expects constant-currency adjusted diluted earnings per share to be between 4% to 6% ahead of the USD0.459 reported the year prior.
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