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Vetoquinol
Vetoquinol (VETO) investor relations material
Vetoquinol Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary28 Apr, 2026
Executive summary
First quarter 2026 sales reached €125 million, down 4.3% on a reported basis and nearly flat (-0.3%) at constant exchange rates compared to Q1 2025.
Excluding exchange rate effects and product line simplification, sales grew 1.2% year-over-year.
Essential products accounted for 66.3% of total sales, with stable performance at constant exchange rates.
U.S. business rebounded strongly, with sales up 15.6% at constant exchange rates.
2026 is positioned as a transition year, with a slowdown in product line streamlining and preparations for new product launches in 2027.
Financial highlights
Q1 2026 sales: €125 million, compared to €130.6 million in Q1 2025.
Exchange rates negatively impacted sales by €5.2 million, mainly in the U.S. and India.
Essential products sales: €83 million, stable at constant exchange rates.
Companion animal products contributed €93 million (71% of sales); farm animal products €38 million.
Outlook and guidance
2026 expected to be a transition year, with business activity affected by ongoing product line simplification and unstable geopolitical environment.
Preparation underway for the launch of new Essentials in 2027.
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Latest events from Vetoquinol
- Essentials growth and improved profitability drive strong 2025 results despite currency headwinds.VETO
H2 202527 Mar 2026 - Essential Products drove growth to 64% of sales, offsetting currency and product range headwinds.VETOQ4 2025 TU29 Jan 2026
- Sales dipped 3.5% YTD, but Essential products grew to 64% of total sales.VETOQ3 2025 TU28 Oct 2025
- Essentials growth and higher margins offset sales decline; net income and cash position improved.VETOH1 202515 Sep 2025
- Sales grew 1.8% YTD, with essential products now 61% of total sales.VETOQ3 2024 TU13 Jun 2025
- Sales up 3.2% but profit margins fell as US sales softened and investment increased.VETOH1 202413 Jun 2025
- Essential products rose 1.8% as total sales fell 2.3%, led by Asia-Pacific growth.VETOQ1 2025 TU6 Jun 2025
- Essentials products drove 2024 growth, now accounting for 61% of total sales.VETOQ4 2024 TU6 Jun 2025
- Essentials drove Vetoquinol's 2024 growth and profitability despite US market headwinds.VETOH2 20245 Jun 2025
Next Vetoquinol earnings date
Q2 202611 Sep, 2026
Vetoquinol
Next Vetoquinol earnings date
Q2 202611 Sep, 2026
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