Virbac has published Q1 2025 sales of E375.2m, up 8.5% y-o-y. On a like-for-like basis, growth was 4.9%.
All our regions performed strongly, except the Pacific. Business in Europe recorded excellent growth of 8.3% at constant exchange rates, the company says.
In detail, the pets segment posted strong growth of 5.6% at constant exchange rates and consolidation scope. The Livestock segment recorded growth of 4.2% at constant exchange rates and LFL.
These increases offset the slight decline in the aquaculture segment (-5.2% at constant exchange rates).
In 2025, Virbac forecasts LFL revenue growth of between 4% and 6%.
We expect a moderate impact from the possible increase in customs tariffs in the United States, the company said. In fact, around two thirds of its US sales in 2025 and almost 80% by the end of 2026 (due to ongoing industrial projects) should be generated by its local production in the United States
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