Brief: Vetoquinol Sees Double-Digit Growth In Sales, Ebit In 2021

Vetoquinol SA

29/07/2021 18:19

July 29 (Reuters) - Vetoquinol SA  VETO.PA :
    * H1 NET PROFIT 36.2 MILLION EUR VERSUS 15 MILLION EUR YEAR
AGO
    * FIRST HALF RESULTS
    * FIRST HALF SALES: EUR 255M (UP 33.5% AT CONSTANT EXCHANGE
RATES)
    * EBIT BEFORE DEPRECIATION OF ACQUIRED ASSETS: EUR 57M
(22.3% OF
SALES)
    * H1 NET INCOME - GROUP SHARE: EUR 36M
    * H1 GROUP EBIT CAME TO EUR 50.4 MILLION, UP EUR 26.0
MILLION FROM
EUR 24.4 MILLION IN FIRST HALF OF 2020
    * EBITDA INCREASED EUR 29.5 MILLION TO EUR 67.5 MILLION IN
H1
2021, DRIVEN BY STRONG SALES AND IMPROVED OPERATING
PROFITABILITY
    * CASH FLOW FROM OPERATING ACTIVITIES IN FIRST HALF OF 2021
TOTALED EUR 31.7 MILLION.
    * EXPECT TO SEE DOUBLE-DIGIT GROWTH IN SALES AND EBIT IN
2021 -
CEO

Source text for Eikon:  ID:nBwbFygd7a 
Further company coverage:  VETO.PA 

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