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VETO Vetoquinol SA News Story

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Vetoquinol falls after 9M sales drop

** Shares in Vetoquinol VETO.PA fall around 4% after the French veterinary pharmaceutical company reported lower nine-month sales

** Its nine-month sales were down 3.5% on a reported basis to 384.2 million euros

** "Industrial transition weighs on Q3," says TP ICAP Midcap, citing temporary supply disruptions from internal production transfers of key products

** The broker cuts its rating on the stock to "hold" from "buy" and lowers its PT by 4% to 88 euros

** If losses hold, Vetoquinol shares will see their worst day since late April

 (Reporting by Lucie Barbier)

 ((lucie.barbier@thomsonreuters.com))

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