(AOF) – The Vetoquinol laboratory recorded a turnover of 133.7 million euros in the first quarter of the 2024 financial year, including 83.4 million euros for Essential products. The animal health specialist emphasizes that the activity in this quarter is not comparable with that of the previous financial year given the effect of overstocking among its customers in the first quarter of 2023, linked to the anticipation of the implementation implementation of the new ERP in April 2023. As a result, the group will not communicate on the evolution of this data compared to the first quarter of the previous financial year.
The company focuses on Essential products and the United States, activities which represented nearly 75% of its turnover in 2023.
In the first quarter of 2024 and at constant exchange rates, Essentials products achieved organic growth of 8.1% while the United States grew by 16.8% compared to the first quarter of 2022.
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