New concepts and new colleagues - a quarter constructing the future
Record sales and profit
Org. growth impacted by delayed Asian orders - less impact going forward
Vetio included from July 1st, visit in Vetio
North
Supply, Production and Project activities
Acquisition of FAV
Key highlights
Many bigger business opportunities discussed and agreed
Fantastic quarter from many group companies, best quarter for 2021 (UK, Nordic, Spain, Pet MD Brands, Stratford)
Solved Brexit challenges, UK-EU
Online growth and investments with excellent ROI
Vetio sales hampered by hurricane and Covid. Profitability affected by increased raw material cost
Finalized expansion of another facility for Vetio South expanding into Supplements and Soft Chew production
Key highlights
Closed several Pharma projects starting 2022 for Vetio North
Launch of Topicals/dermatology products in Pet Retail channel in USA
Move of Pet MD's warehouse - larger, more effective with other group companies
Animal Pharm (shift to inhouse Derma production) to Amazon and Chewy and Pet MD® on Amazon UK
Dr. Pol license launch on social media starting this week, products on several platforms before Oct/Nov. Major campaigns 2022 with new films released every 2nd week
Production of dermatology products in Ireland getting closer and expanding production capabilities for customers
Key Performance Indicators
Q3 2021
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Swedencare AB published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 14:02:11 UTC.
Swedencare publ AB is a Sweden-based company, which is mainly involved in the veterinary supplies industry. The Company operates as a provider of various products for animal health, distributed to veterinarians, pet stores and pharmacies. It operates through four subsidiaries, namely SDC Distribution for Scandinavian countries, Buccosante located in France, Informpet in the United Kingdom and SwedencareUSA in the United States. The Company's product portfolio includes ProDen product family, which consists of ProDen PlaqueOff Teeth and Gums, ProDen PlaqueOff Powder, ProDen PlaqueOff Powder Cat and ProDen PlaqueOff Dental Bites, among others. The products are available at veterinary clinics, pet retailers, pharmacies, health stores and dentist practices.