French animal health firm Vetoquinol's Q3 sales rise on Essentials segment growth
Overview
France animal health firm's Q3 sales rose 10.4% yr/yr, driven by Essentials segment growth
Essentials segment sales grew 13.9% in Q3, outpacing overall company growth
Q3 growth benefited from a favorable base effect and currency tailwinds
Outlook
Company did not provide specific guidance for future quarters or full-year 2026 in the press release
Result Drivers
ESSENTIALS SEGMENT - Essentials product sales grew faster than overall company sales, driving Q3 results
CURRENCY IMPACT - Favorable currency movements, mainly in the US and Americas, contributed €1 mln to Q3 sales
PRODUCT LINE SIMPLIFICATION - Simplification of complementary product lines reduced Q3 sales by €0.6 mln
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | EUR 140 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Vetoquinol SA is €86.00, about 7.8% above its October 27 closing price of €79.80
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)