Brief: Virbac Q4 Revenue Up At EUR 355.4 Mln

Virbac SA

16/01/2025 16:50

Jan 16 (Reuters) - Virbac SA  VIRB.PA :
    * STRONG ANNUAL REVENUE GROWTH OF +13.6% SUPPORTED BY
DYNAMIC
ORGANIC GROWTH (+7.5%) AND THE STRATEGIC CONTRIBUTION OF OUR
ACQUISITIONS (+6.1%)
    * Q4 REVENUE REACHES €355.4 MILLION, UP +10.5%
    * ANTICIPATE A RATIO OF "CURRENT OPERATING INCOME BEFORE
AMORTIZATION OF ASSETS RESULTING FROM ACQUISITIONS" (EBIT
ADJUSTED) TO "REVENUE" OF AROUND 16%
    * 2024 EBIT ADJUSTED TO REVENUE RATIO EXPECTED AROUND 16%
    * 2025 REVENUE GROWTH EXPECTED BETWEEN 4% AND 6% AT CONSTANT
SCOPE
AND EXCHANGE RATES
    * EXCLUDING ACQUISITIONS NET CASH POSITION SHOULD IMPROVE BY
AROUND EUR 100 MILLION
    * COMPANY AIMS TO ACHIEVE 20% EBIT ADJUSTED RATIO BY 2030
    * REAFFIRM OUR AMBITION TO ACHIEVE AN EBIT ADJUSTED RATIO OF
20%
BY 2030

Source text:  urn:newsml:reuters.com:*:nGNE97GNx6
Further company coverage:  VIRB.PA 

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