Virbac announced on Monday the appointment of a new CEO, while raising its annual sales growth targets, as the animal health specialist reported "exceptional" sales growth in the first half.

In a press release, the group states that Sébastien Huron, Executive Managing Director, will resign from his position on September 30, and will be replaced on an interim basis by Habib Ramdani, the current CFO.

Virbac also stated that it expects first-half sales to increase by around 16% at constant exchange rates, with annual sales growth of between 12.5% and 14.5%.

(Written by Leo Marchandon, edited by Augustin Turpin)