Essentials products continued to perform strongly and earned sales of €45.1 million for Q1 2019, up 6.6% at constant exchange rates and up 7.5% as reported. Essentials products accounted for 49.6% of Group sales in the first three months of 2019, up from 47.8% in Q1 2018.

Sales of companion animal products came to €51.7 million, up 5.2% as reported and up 7.5% at constant exchange rates, partly driven by the Sonotix® and Zylkene® Chew launches. Sales of livestock products came to €39.2 million, down 0.8% as reported and down 1.3% at constant exchange rates.

Vetoquinol turned in strong performances in Europe and Asia Pacific, which posted respective like-for-like growth of 5.9% and 9.1%, while sales slightly decreased in the Americas (down 2.6% as reported) due to a one-off shift of cattle reproduction product sales between periods.

'The Vetoquinol Group recorded strong performances over the first three months of 2019, in line with our strategy. Our Essentials products, which are central to this strategy, continued to grow steadily, accounting for nearly 50% of quarterly sales', Vetoquinol CEO Matthieu Frechin commented. 'Let us remember that in 2016 they accounted for only 44% of annual sales. We remain confident in the roll-out of our ' In Motion' strategic plan, which will be fueled in 2019 by the launch of new Essentials products on the companion animal market in the Americas and in the reproduction sector in our other territories.'

Essentials products continued to perform strongly and earned sales of €45.1 million for Q1 2019, up 6.6% at constant exchange rates and up 7.5% as reported. Essentials products accounted for 49.6% of Group sales in the first three months of 2019, up from 47.8% in Q1 2018.



Sales of companion animal products came to €51.7 million, up 5.2% as reported and up 7.5% at constant exchange rates, partly driven by the Sonotix® and Zylkene® Chew launches. Sales of livestock products came to €39.2 million, down 0.8% as reported and down 1.3% at constant exchange rates.

Vetoquinol turned in strong performances in Europe and Asia Pacific, which posted respective like-for-like growth of 5.9% and 9.1%, while sales slightly decreased in the Americas (down 2.6% as reported) due to a one-off shift of cattle reproduction product sales between periods.

'The Vetoquinol Group recorded strong performances over the first three months of 2019, in line with our strategy. Our Essentials products, which are central to this strategy, continued to grow steadily, accounting for nearly 50% of quarterly sales', Vetoquinol CEO Matthieu Frechin commented. 'Let us remember that in 2016 they accounted for only 44% of annual sales. We remain confident in the roll-out of our ' In Motion' strategic plan, which will be fueled in 2019 by the launch of new Essentials products on the companion animal market in the Americas and in the reproduction sector in our other territories.'

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Vétoquinol SA published this content on 17 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 April 2019 21:17:04 UTC