Virbac reports sales of 1,397.4 ME for fiscal year 2024, up 12.1% on the previous year (+13.6% at constant exchange rates).
Operating income before non-recurring items came to ME 227.5, up 23%, for consolidated net income, Group share of ME 145.3, up 20%.
Net debt stood at ME 168.5 at the end of December 2024, compared with a net cash position of ME 52.4 at the end of December 2023.
This decrease in net cash over the year is mainly due to our M&A activities, including the acquisition of Sasaeah, Globion and Mopsan", says Virbac.
For 2025, the company forecasts like-for-like sales growth of between 4% and 6%. The impact of the Sasaeah acquisition should represent an additional 1 point of growth in 2025.
The company adds that a net dividend of E1.45 per share for fiscal year 2024 will be proposed to the next general meeting of shareholders.
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Virbac: 20% increase in consolidated net income by 2024
Published on 03/13/2025 at 13:20, updated on 03/13/2025 at 13:24
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