Uniphar (CDI)

UPR · AIM · Personal Care, Drug and Grocery Stores · mcap £893m · 340.0p

Beta Briefing, track record and signals & risks are not ready for Uniphar (CDI) yet.

We follow 964 UK small caps and every one of their announcements – often hundreds per company. 73 companies are already wired into a briefing: browse them.

Financials · balance sheet 30 Jun 26 · last twelve months · today’s market value

Source: results 08 Sep 26 ↗

Key figures Cash & debt Profit & cash flow Valuation Returns & quality Latest half-year

Market cap: £906.3m
Owner’s net cash: −£237.7m
Net cash / market cap: -26%
EV ex leases: £1,144m
Revenue: £2,764m
Operating profit: £69.1m
Free cash flow after leases: £11.6m
EV / EBIT: 16.6×
FCF yield: 1.3%
ROCE: 9%
Net income (owners): £46.4m

Hover or tap a figure for its formula and the values used – the names are the line names of the key figures below. Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Key figures As reported

Income statement Balance sheet Cash flow

Annual Half-yearly

Standardised line items in £m, comparable across companies – figures the company reported in EUR are converted to £ at the average rate of each period (balance sheets: at the date); when a later report restated a period, the later figure is shown and marked ^r (hover for the figure first reported). Italic = calculated (LTM, H2 = FY − H1); a year of other than 12 months is marked (15m). Hover a value for its source.

Latest report: H1 26 (six months to 30 Jun 26), published 08 Sep 26 · read the results ↗

Source ↗

	2026 Pre- exceptional Unaudited €'000	2026 Exceptional Unaudited €'000	2026 Total Unaudited €'000	2025 Pre- exceptional Unaudited €'000	2025 Exceptional Unaudited €'000	2025 Total Unaudited €'000
Revenue	1,591,855	-	1,591,855	1,485,492	-	1,485,492
Cost of sales	(1,355,365)	-	(1,355,365)	(1,265,841)	-	(1,265,841)
Gross profit	236,490	-	236,490	219,651	-	219,651
Operating costs*	(196,125)	(5,396)	(201,521)	(181,344)	(5,866)	(187,210)
Other operating income	431	-	431	165	-	165
Operating profit	40,796	(5,396)	35,400	38,472	(5,866)	32,606
Finance cost	(10,176)	-	(10,176)	(10,365)	-	(10,365)
Finance income	526	-	526	597	-	597
Profit before tax	31,146	(5,396)	25,750	28,704	(5,866)	22,838
Income tax expense	(6,477)	726	(5,751)	(6,101)	756	(5,345)
Profit for the financial period	24,669	(4,670)	19,999	22,603	(5,110)	17,493
Attributable to
Owners of the parent	–	–	19,993	–	–	17,473
Non-controlling interests	–	–	6	–	–	20
Profit for the financial period	19,999	17,493	–	–	–	–
Basic and diluted earnings per share (in cent)	–	–	7.7	–	–	6.6

Source ↗

	30 June 2026 Unaudited €'000	31 December 2025 Audited €'000
Non-current assets
Intangible assets - goodwill	502,663	499,567
Intangible assets - other assets	110,904	93,573
Property, plant and equipment, and right-of-use assets	312,240	301,162
Investment property	2,620	-
Financial assets - investments in equity instruments	25	25
Deferred tax assets	11,626	7,679
Other receivables	1,201	1,332
Total non-current assets	941,279	903,338
Current assets
Inventory	308,438	295,276
Trade and other receivables	325,717	348,170
Corporation tax	1,238	1,543
Cash and cash equivalents	88,011	183,697
Restricted cash	235	235
Total current assets	723,639	828,921
Total assets	1,664,918	1,732,259
EQUITY
Capital and reserves
Called up share capital presented as equity	20,766	20,766
Share premium	176,501	176,501
Share-based payment reserve	11,216	9,333
Other reserves	1,285	(1,488)
Retained earnings	216,655	199,889
Attributable to owners	426,423	405,001
Attributable to non-controlling interests	-	165
Total equity	426,423	405,166
LIABILITIES
Non-current liabilities
Borrowings	350,110	355,071
Deferred contingent consideration	967	955
Provisions	1,042	930
Lease obligations	137,518	135,285
Total non-current liabilities	489,637	492,241
Current liabilities
Borrowings	13,864	-
Deferred contingent consideration	6,203	9,285
Lease obligations	19,444	22,334
Trade and other payables	709,347	803,233
Total current liabilities	748,858	834,852
Total liabilities	1,238,495	1,327,093
Total equity and liabilities	1,664,918	1,732,259

Source ↗

	2026 Unaudited €'000	2025 Unaudited €'000
Operating activities
Cash (outflow)/inflow from operating activities	(30,999)	35,214
Interest paid	(9,802)	(8,994)
Interest received	526	597
Interest paid on lease liabilities	(3,598)	(3,405)
Corporation tax payments	(9,107)	(6,129)
Net cash (outflow)/inflow from operating activities	(52,980)	17,283
Investing activities
Payments to acquire property, plant and equipment - Maintenance	(4,005)	(5,408)
Payments to acquire property, plant and equipment - Strategic projects	(15,008)	(2,797)
Receipts from disposal of property, plant and equipment	275	130
Payments to acquire intangible assets - Maintenance	(5,064)	(3,056)
Payments to acquire intangible assets - Strategic projects	(12,512)	(10,529)
Payment of deferred and deferred contingent consideration	(2,010)	-
Payments on prior year acquisitions	-	(15)
Receipts on prior year disposals	-	43
Net cash outflow from investing activities	(38,324)	(21,632)
Financing activities
Proceeds from borrowings	15,000	71,750
Repayment of borrowings	(20,750)	-
Share buyback - Repurchase of shares	-	(35,100)
Increase/(decrease) in invoice discounting facilities	13,864	(2,073)
Movement in restricted cash	-	59
Payment of dividends	(3,398)	(3,245)
Principal element of lease payments	(8,920)	(8,285)
Acquisition of further equity of subsidiaries	(413)	-
Net cash (outflow)/inflow from financing activities	(4,617)	23,106
(Decrease)/Increase in cash and cash equivalents in the period	(95,921)	18,757
Foreign currency translation of cash and cash equivalents	235	(673)
Opening balance cash and cash equivalents	183,697	102,992
Closing balance cash and cash equivalents	88,011	121,076

Source ↗

	2025 Pre- exceptional €'000	2025 Exceptional €'000	2025 Total €'000	2024 Pre- exceptional €'000	2024 Exceptional €'000	2024 Total €'000
Revenue	3,074,704	-	3,074,704	2,770,429	-	2,770,429
Cost of sales	(2,617,012)	-	(2,617,012)	(2,342,825)	-	(2,342,825)
Gross Profit	457,692	-	457,692	427,604	-	427,604
Selling and distribution costs	(91,658)	-	(91,658)	(82,018)	-	(82,018)
Administrative expenses	(274,897)	(14,557)	(289,454)	(260,936)	(5,556)	(266,492)
Other operating income	295	-	295	500	2,395	2,895
Operating Profit	91,432	(14,557)	76,875	85,150	(3,161)	81,989
Finance cost	(21,192)	5,704	(15,488)	(25,917)	17,625	(8,292)
Finance income	1,555	-	1,555	1,897	-	1,897
Profit before tax	71,795	(8,853)	62,942	61,130	14,464	75,594
Income tax expense	(13,527)	1,712	(11,815)	(11,239)	(119)	(11,358)
Profit for the financial year	58,268	(7,141)	51,127	49,891	14,345	64,236
Attributable to
Owners of the parent	–	–	51,088	–	–	64,203
Non-controlling interests	–	–	39	–	–	33
Profit for the financial year	51,127	64,236	–	–	–	–
Attributable to
Continuing operations	–	–	51,127	–	–	64,236
Profit for the financial year	51,127	64,236	–	–	–	–
Earnings per ordinary share (in cent)
Continuing operations	–	–	19.5	–	–	23.5
Basic and diluted Earnings per Share (in cent)	–	–	19.5	–	–	23.5

Source ↗

	2025 €'000	2024 €'000
Non-current assets
Intangible assets - goodwill	499,567	507,607
Intangible assets - other assets	93,573	59,696
Property, plant and equipment, and right-of-use assets	301,162	284,796
Financial assets - investments in equity instruments	25	25
Deferred tax asset	7,679	8,718
Other receivables	1,332	1,244
Total non-current assets	903,338	862,086
Current assets
Inventory	295,276	201,582
Trade and other receivables	348,170	248,882
Corporation tax	1,543	-
Cash and cash equivalents	183,697	102,992
Restricted cash	235	294
Total current assets	828,921	553,750
Total assets	1,732,259	1,415,836
EQUITY
Capital and reserves
Called up share capital presented as equity	20,766	21,841
Share premium	176,501	176,501
Share-based payment reserve	9,333	5,936
Other reserves	(1,488)	8,862
Retained earnings	199,889	188,615
Attributable to owners	405,001	401,755
Attributable to non-controlling interests	165	126
Total equity	405,166	401,881
LIABILITIES
Non-current liabilities
Borrowings	355,071	241,646
Deferred contingent consideration	955	7,157
Provisions	930	1,827
Lease obligations	135,285	132,612
Total non-current liabilities	492,241	383,242
Current liabilities
Borrowings	-	9,316
Deferred contingent consideration	9,285	32,025
Lease obligations	22,334	22,580
Trade and other payables	803,233	562,969
Corporation tax	-	3,823
Total current liabilities	834,852	630,713
Total liabilities	1,327,093	1,013,955
Total equity and liabilities	1,732,259	1,415,836

Source ↗

	2025 €'000	2024 €'000
Operating activities
Cash inflow from operating activities	166,863	162,816
Payment of deferred contingent consideration	(17,373)	-
Interest paid including debt arrangement costs	(19,042)	(22,080)
Interest received	1,555	1,897
Interest paid on lease liabilities	(6,942)	(7,235)
Corporation tax payments	(16,630)	(11,130)
Net cash inflow from operating activities	108,431	124,268
Investing activities
Payments to acquire property, plant and equipment - Maintenance	(9,771)	(10,911)
Payments to acquire property, plant and equipment - Strategic projects	(13,769)	(68,643)
Receipts/(Payments) from disposal of property, plant and equipment (net of disposal expenses)	379	(180)
Receipts from disposal of businesses (net of cash disposed and disposal expenses)	-	21,934
Payments to acquire intangible assets - Maintenance	(15,291)	(6,172)
Payments to acquire intangible assets - Strategic projects	(23,986)	(16,182)
Payments to acquire subsidiary undertakings (net of cash acquired)	(7,095)	-
Payments on prior year acquisitions	(15)	(254)
Receipts on prior year disposals	43	-
Payment of deferred contingent consideration	(7,624)	(16,071)
Net cash outflow from investing activities	(77,129)	(96,479)
Financing activities
Proceeds from borrowings	281,750	50,050
Repayments of borrowings	(166,000)	(33,671)
Decrease in invoice discounting facilities	(9,316)	(3,852)
Movement in restricted cash	59	(121)
Share buyback - Repurchase of Shares	(35,100)	-
Payment of dividends	(5,083)	(5,076)
Acquisition of further equity in subsidiaries	-	(483)
Principal element of lease payments	(16,142)	(18,335)
Net cash inflow/(outflow) from financing activities	50,168	(11,488)
Increase in cash and cash equivalents in the year	81,470	16,301
Foreign currency translation on cash and cash equivalents	(765)	1,039
Opening balance cash and cash equivalents	102,992	85,652
Closing balance cash and cash equivalents	183,697	102,992

	LTM Jun 26	FY 25	FY 24
Revenue to operating profit
Revenue	2,763.9	2,633.9	2,345.7
Gross profit	412.3	392.1	362.1
Adjusted EBITDA	116.7	112.1	104.5
Exceptional / adjusting items	(12.2)	(12.5)	–
Operating profit	69.1	65.9	69.4
Operating profit to net income
Finance costs	(13.4)	(13.3)	(7.0)
Profit before tax	57.0	53.9	64.0
Tax	(10.6)	(10.1)	(9.6)
Net income (owners)	46.4	43.8	54.4
Per share
EPS basic	18.0p	17.0p	19.5p
EPS diluted	18.0p	17.0p	19.5p

	H1 26	vs H1 25	H2 25	H1 25
Revenue to operating profit
Revenue	1,380.7	+10%	1,383.2	1,250.7
Gross profit	205.1	+11%	207.1	184.9
Adjusted EBITDA	53.0	+9%	63.7	48.4
Adjusted operating profit	35.4	+9%	–	32.4
Exceptional / adjusting items	(4.7)	−5%	(7.5)	(4.9)
Operating profit	30.7	+12%	38.4	27.5
Operating profit to net income
Finance costs	(8.8)	+1%	(4.5)	(8.7)
Profit before tax	22.3	+16%	34.7	19.2
Tax	(5.0)	+11%	(5.6)	(4.5)
Net income (owners)	17.3	+18%	29.1	14.7
Per share
EPS basic	6.6p	–	11.4p	5.6p
EPS diluted	6.6p	–	11.4p	5.6p

	LTM Jun 26	FY 25	FY 24
Operating activities
Cash from operations	32.4	92.9	105.2
Interest paid	(17.2)	(16.3)	(18.7)
Tax paid	(17.0)	(14.2)	(9.4)
Financing activities
Lease principal paid	(14.6)	(13.8)	(15.5)
Lease interest paid	(6.2)	(5.9)	(6.1)
Dividends paid	(4.6)	(4.4)	(4.3)
Share buybacks	(0.5)	(30.1)	0.0

	H1 26	vs H1 25	H2 25	H1 25
Operating activities
Cash from operations	(46.0)	n/m	78.3	14.6
Interest paid	(8.5)	+12%	(8.7)	(7.6)
Tax paid	(7.9)	+53%	(9.1)	(5.2)
Financing activities
Lease principal paid	(7.7)	+11%	(6.9)	(7.0)
Lease interest paid	(3.1)	+9%	(3.1)	(2.9)
Dividends paid	(2.9)	+8%	(1.6)	(2.7)
Share buybacks	0.0	n/m	(0.5)	(29.6)

	30 Jun 26	31 Dec 25	31 Dec 24
Non-current assets
Goodwill	433.0	435.7	420.9
Other intangibles	95.5	81.6	49.5
Property, plant & equipment	269.0	262.7	236.1
Investment property	2.3	0.0	–
Non-current assets	810.8	787.9	714.8
Current assets
Inventories	265.7	257.6	167.1
Trade receivables	280.6	303.7	206.4
Cash	75.8	160.2	85.4
Current assets	623.3	723.0	459.2
Total assets	1,434.1	1,510.9	1,174.0
Current liabilities
Trade payables	611.0	700.6	466.8
Borrowings, current	11.9	0.0	7.7
Lease liabilities, current	16.7	19.5	18.7
Current liabilities	645.0	728.2	523.0
Non-current liabilities
Borrowings, non-current	301.6	309.7	200.4
Lease liabilities, non-current	118.5	118.0	110.0
Non-current liabilities	421.8	429.4	317.8
Total liabilities	1,066.8	1,157.5	840.8
Equity
Non-controlling interests	0.0	0.1	0.1
Total equity	367.3	353.4	333.2
Net cash and other figures
Net cash / (debt) ex leases	(237.5)	(149.3)	(122.5)

	30 Jun 26	31 Dec 25	30 Jun 25	31 Dec 24
Non-current assets
Goodwill	433.0	435.7	–	420.9
Other intangibles	95.5	81.6	–	49.5
Property, plant & equipment	269.0	262.7	–	236.1
Investment property	2.3	0.0	–	–
Non-current assets	810.8	787.9	–	714.8
Current assets
Inventories	265.7	257.6	–	167.1
Trade receivables	280.6	303.7	–	206.4
Cash	75.8	160.2	–	85.4
Current assets	623.3	723.0	–	459.2
Total assets	1,434.1	1,510.9	–	1,174.0
Current liabilities
Trade payables	611.0	700.6	–	466.8
Borrowings, current	11.9	0.0	–	7.7
Lease liabilities, current	16.7	19.5	–	18.7
Current liabilities	645.0	728.2	–	523.0
Non-current liabilities
Borrowings, non-current	301.6	309.7	–	200.4
Lease liabilities, non-current	118.5	118.0	–	110.0
Non-current liabilities	421.8	429.4	–	317.8
Total liabilities	1,066.8	1,157.5	–	840.8
Equity
Non-controlling interests	0.0	0.1	–	0.1
Total equity	367.3	353.4	–	333.2
Net cash and other figures
Net cash / (debt) ex leases	(237.5)	(149.3)	(168.8)	(122.5)

Read automatically from each results announcement. Check the source before relying on a figure.

Spotted an error in this income statement? Report it

Company filings. Not investment advice.