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Vetoquinol: 2025 Annual Results

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Vetoquinol reports revenue of €526 million for 2025, a modest increase of 0.2% at constant exchange rates. Essential products, the growth driver, reached €334 million, representing a 4.1% increase. The group's net income amounted to €57 million, representing 10.9% of revenue. Cash flow generated by the company reached €72 million.

Despite negative currency impacts of €14.8 million, Vetoquinol is improving its product mix by focusing on its Essential ranges while simplifying other product lines. Efforts in the Americas and Asia-Pacific regions have paid off, showing positive growth.

In terms of profitability, the margin on purchases consumed increased by 2.8%, and external expenses decreased. Operating income reached €78.8 million. The outlook for 2026 remains cautious in light of geopolitical uncertainties.

R. H.

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