Vetoquinol SA (EPA: VETO)

Vetoquinol Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	537.47	529.27	539.78	521.27	427.47	395.99
Revenue Growth (YoY)	2.32%	-1.95%	3.55%	21.94%	7.95%	7.62%
Cost of Revenue	250.03	237.89	241.74	228.63	193.93	190.1
Gross Profit	287.44	291.38	298.04	292.65	233.54	205.89
Selling, General & Admin	186.86	182.56	178.21	176.09	147.14	138.77
Other Operating Expenses	7.33	5.41	3.85	1.94	4.18	1.85
Operating Expenses	226.24	219.59	213.61	210.9	177.19	159.91
Operating Income	61.2	71.79	84.43	81.75	56.35	45.98
Interest Expense	-0.97	-0.92	-1	-0.62	-0.83	-0.38
Interest & Investment Income	5.01	3.27	0.81	0.37	0.62	0.28
Earnings From Equity Investments	-	-	-	0.13	0.29	0.03
Currency Exchange Gain (Loss)	-0.47	0.61	-0.7	0.88	-1.18	0.41
Other Non Operating Income (Expenses)	-0.09	-0.16	-0.33	-0.37	-0.09	-0.43
EBT Excluding Unusual Items	64.69	74.59	83.22	82.13	55.16	45.89
Merger & Restructuring Charges	-	-	-	-0.49	-0.85	-1.52
Impairment of Goodwill	-	-	-9.48	-	-18.62	-
Gain (Loss) on Sale of Assets	1.22	0.09	0.3	0.99	-0.23	-0.16
Asset Writedown	-0.05	-3.57	-1.01	-	-0.41	-3.5
Legal Settlements	-0.42	-0.42	-0.22	-	-	-
Other Unusual Items	3.81	6.22	-0.08	4.01	0.8	-
Pretax Income	69.25	76.91	72.74	86.64	35.87	40.71
Income Tax Expense	22.11	21.34	24.74	23.78	16.64	12.46
Earnings From Continuing Operations	47.14	55.57	48	62.87	19.23	28.25
Minority Interest in Earnings	0	-0.01	-0	-0.01	-0.01	0.34
Net Income	47.14	55.56	48	62.86	19.22	28.59
Net Income to Common	47.14	55.56	48	62.86	19.22	28.59
Net Income Growth	-19.86%	15.76%	-23.65%	227.04%	-32.77%	-21.15%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.02%	0.01%	0.03%	-0.03%	-0.00%	-0.08%
EPS (Basic)	3.98	4.70	4.06	5.31	1.63	2.42
EPS (Diluted)	3.98	4.70	4.06	5.31	1.63	2.42
EPS Growth	-19.87%	15.75%	-23.67%	227.00%	-32.74%	-21.09%
Free Cash Flow	72.23	74.5	45.88	75.9	81.89	42.58
Free Cash Flow Per Share	6.10	6.30	3.88	6.42	6.92	3.60
Dividend Per Share	0.850	0.850	0.800	0.800	0.500	0.380
Dividend Growth	6.25%	6.25%	0%	60.00%	31.58%	-20.83%
Gross Margin	53.48%	55.05%	55.21%	56.14%	54.63%	51.99%
Operating Margin	11.39%	13.56%	15.64%	15.68%	13.18%	11.61%
Profit Margin	8.77%	10.50%	8.89%	12.06%	4.50%	7.22%
Free Cash Flow Margin	13.44%	14.08%	8.50%	14.56%	19.16%	10.75%
EBITDA	88.87	99.18	108.44	107.57	75.81	58.79
EBITDA Margin	16.53%	18.74%	20.09%	20.64%	17.73%	14.85%
D&A For EBITDA	27.66	27.39	24.02	25.82	19.46	12.81
EBIT	61.2	71.79	84.43	81.75	56.35	45.98
EBIT Margin	11.39%	13.56%	15.64%	15.68%	13.18%	11.61%
Effective Tax Rate	31.93%	27.75%	34.02%	27.44%	46.38%	30.62%
Advertising Expenses	-	23.12	23.57	26.85	15.35	14.21

Source: S&P Capital IQ. Standard template. Financial Sources.