Virbac: 8% increase in annual net income


(CercleFinance.com) – The animal health group Virbac publishes net income group share up 7.8% to 122 million euros for 2022, and current operating income before amortization of assets resulting from acquisitions (adjusted ROC) increased by 7.7% to 186.6 million.

The corresponding margin was thus up slightly (16.4% compared to 16.3% in 2021) at constant exchange rates, for annual revenue of nearly 1.22 billion euros, up 14 .3% (+9.6% excluding the favorable impact of exchange rates).

For 2023, Virbac anticipates an adjusted current operating margin of between 13 and 14% at constant exchange rates, with revenue growth at constant rates and perimeter estimated, at this stage, between 4 and 6%.

In addition, the distribution of a net dividend of 1.32 euros per share for the 2022 financial year will be proposed to the next general meeting of shareholders, up from 1.25 euros in 2021.

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