Report
Christophe-Raphaël Ganet

Vetoquinol : Good Q3 sales with an acceleration at the organic level – Update / target price: € 85

>Q3: the “Essentiels” (51% of sales) continue to drive growth - Q3 revenues (€ 114.5m) rose by 14.3% and 18.9% at constant currency (cc) and by 12.7% l-f-l.Q3 2020 saw the consolidation of Drontal® and Profender®, whilst Clarion (Brazil) no longer has a scope effect (consolidation as of 15 April 2019).All regions reflected growth with organic growth rates of +4%, +16% and +29% respectively for Europe, the Americas and Asia Pacific/rest of the world. In ...
Underlying
Vetoquinol SA

V?toquinol is a global player in the animal health sector, serving both the livestock (cattle and pigs) and pet (dogs and cats) markets. Co. designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas and the Asia Pacific region, as an independent entity. Co. is also active in the therapeutic fields of anti-infectives, pain-inflammation and cardiology-nephrology treatment. As of Dec 31 2013, Co.'s product portfolio included brands such as Aurizon®, Epiphen®, Ipakitine®, Marbocyl®, Propalin®, Tolf?dine®, Tolfine®, Clavaseptin®, and Vetprofen®. Co.'s brands are V?toquinol, Tomlyn, and Evsco in the U.S.A. and Equistro for the horse range.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Christophe-Raphaël Ganet

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