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UDG Healthcare raises full-year earnings forecast

Reuters - UK Focus

May 14 (Reuters) - UDG Healthcare Plc (LSE: UDG.L - news) 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. ($1 = 0.8799 euros) (Reporting by Roshni Menon in Bengaluru; Editing by Robin Paxton)