Vetoquinol Reports 10.4% Third-Quarter Sales Growth, Reaches €399 Million Through September 2026

Vetoquinol reported €399 million in sales for the first nine months of 2026, up 3.9% on a reported basis and 5.4% at constant exchange rates. Third-quarter sales increased 10.4%, supported by growth in the company’s Essentials product segment and solid performance across most regions.
  • Nine-month sales reached €399 million, an increase of 3.9% on a reported basis and 5.4% at constant exchange rates.
  • Third-quarter sales totaled €139.7 million, up 10.4% on a reported basis and 9.6% at constant exchange rates.
  • Essentials products generated €259 million in nine-month sales, accounting for 64.9% of total sales, compared with 63.6% a year earlier.
  • Regional growth at constant exchange rates for the first nine months included increases of 12.4% in the United States, 4.6% in Europe and 4.6% in Asia-Pacific/Rest of the World.
  • Product line simplification reduced nine-month sales by €3.7 million, while currency movements had a negative impact of €6.1 million.

Vetoquinol reported sales of €399 million for the first nine months of 2026, compared with €384.2 million during the same period in 2025. The results represent growth of 3.9% on a reported basis and 5.4% at constant exchange rates.

Excluding the impact of its complementary product line simplification program and adjusting for currency movements, the company reported year-to-date sales growth of 6.6% at constant exchange rates.

The nine-month results included a €3.7 million reduction associated with product line simplification, compared with a €7.7 million impact through September 2025, as well as a negative currency effect of €6.1 million.

Third-Quarter Sales Increase 10.4%

Vetoquinol generated €139.7 million in third-quarter sales, compared with €126.6 million in the third quarter of 2025. Sales increased 10.4% on a reported basis and 9.6% at constant exchange rates.

The quarter benefited from a favorable currency impact of €1 million from the United States and the Americas excluding the U.S.

Growth was driven by the Essentials segment, which increased 13.9% on a reported basis and 12.9% at constant exchange rates during the quarter.

The results also included a €0.6 million negative impact from the simplification of complementary product lines.

According to the company, third-quarter performance continued the growth momentum observed during the first half of the year and benefited from a favorable comparison with the third quarter of 2025.

Essentials Products Account for Nearly 65% of Sales

Vetoquinol’s Essentials segment generated €259 million in sales during the first nine months of 2026, representing growth of 6.0% on a reported basis and 6.7% at constant exchange rates.

Essentials products accounted for 64.9% of total company sales through September 2026, compared with 63.6% during the corresponding period in 2025.

The Essentials portfolio includes veterinary medicines and non-medicated products for companion and farm animals. These products are designed to address veterinarians’ daily needs and are intended for worldwide distribution.

U.S. Leads Nine-Month Regional Growth

At constant exchange rates, Vetoquinol reported sales growth across three of its four strategic geographic regions during the first nine months of 2026.

Region Nine-month sales Constant-currency growth
Europe €197.8M +4.6%
United States €86.9M +12.4%
Asia-Pacific / Rest of World €60.6M +4.6%
Americas excluding U.S. €53.7M −0.9%
Total €399.0M +5.4%

During the third quarter alone, sales at constant exchange rates increased 8% in Europe, 11% in the United States and 23% in Asia-Pacific/Rest of the World. Sales declined 1% in the Americas excluding the United States.

Quarterly Sales Performance

Vetoquinol reported the following quarterly sales results for 2026 compared with the corresponding periods in 2025.

Period 2026 sales Reported growth Constant-currency growth
Q1 €125.0M −4.3% −0.3%
Q2 €134.3M +5.7% +7.2%
Q3 €139.7M +10.4% +9.6%
Nine months €399.0M +3.9% +5.4%

Next Financial Update

Vetoquinol is scheduled to release its full-year 2026 sales results on January 14, 2027, after market close.

The company, founded in 1933, develops and markets veterinary medicines and non-medicated products for companion animals, including dogs and cats, and farm animals, including cattle and pigs. Vetoquinol operates across Europe, the Americas and Asia-Pacific.

As of June 30, 2026, Vetoquinol employed 2,526 people. The company has been listed on Euronext Paris since 2006 under the ticker symbol VETO.

Information sourced from Vetoquinol’s company press release.

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