(CercleFinance.com) – Virbac publishes a turnover of €1,247 million for the entire 2023 financial year, up 2.5% as reported and +4.6% at constant exchange rates and scope.
Annual activity is notably driven by the record activity in the fourth quarter at €321 million (i.e. +9.1% as published and +10.6% at constant exchange rates and scope).
As for the 2024 financial year, Virbac confirms its objective of growth in turnover at constant rates and scope of between 4% and 6% as well as a ratio of “current operating income before depreciation of assets from acquisitions” (adjusted Ebit) on “turnover” around 15% at constant exchange rates.
‘We reaffirm our ambition to achieve an adjusted Ebit ratio of 20% by 2030,’ adds Virbac.
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