
Vetoquinol SA
PAR:VETO

Income Statement
Earnings Waterfall
Vetoquinol SA
Revenue
|
537.5m
EUR
|
Cost of Revenue
|
-275.1m
EUR
|
Gross Profit
|
262.3m
EUR
|
Operating Expenses
|
-197.6m
EUR
|
Operating Income
|
64.7m
EUR
|
Other Expenses
|
-17.6m
EUR
|
Net Income
|
47.1m
EUR
|
Income Statement
Vetoquinol SA
Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||
Revenue |
212
N/A
|
224
+6%
|
233
+4%
|
239
+2%
|
234
-2%
|
238
+1%
|
252
+6%
|
270
+7%
|
282
+4%
|
284
+1%
|
284
+0%
|
291
+2%
|
298
+2%
|
297
0%
|
300
+1%
|
304
+1%
|
315
+4%
|
333
+6%
|
343
+3%
|
348
+1%
|
350
+1%
|
354
+1%
|
352
0%
|
354
+1%
|
368
+4%
|
374
+2%
|
396
+6%
|
408
+3%
|
427
+5%
|
487
+14%
|
521
+7%
|
537
+3%
|
540
+1%
|
525
-3%
|
529
+1%
|
537
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(119)
|
(123)
|
(130)
|
(133)
|
(128)
|
(130)
|
(141)
|
(153)
|
(159)
|
(162)
|
(164)
|
(167)
|
(171)
|
(169)
|
(167)
|
(168)
|
(128)
|
(183)
|
(140)
|
(186)
|
(142)
|
(191)
|
(136)
|
(185)
|
(143)
|
(198)
|
(159)
|
(199)
|
(167)
|
(234)
|
(198)
|
(272)
|
(205)
|
(259)
|
(205)
|
(275)
|
|
Gross Profit |
93
N/A
|
101
+9%
|
104
+2%
|
106
+2%
|
107
+1%
|
108
+1%
|
111
+3%
|
118
+6%
|
123
+5%
|
122
-1%
|
120
-2%
|
124
+3%
|
128
+3%
|
128
+0%
|
132
+3%
|
136
+3%
|
187
+38%
|
150
-20%
|
203
+35%
|
161
-20%
|
208
+29%
|
163
-22%
|
216
+33%
|
170
-22%
|
225
+33%
|
176
-22%
|
237
+35%
|
209
-12%
|
260
+25%
|
253
-3%
|
323
+28%
|
264
-18%
|
334
+26%
|
266
-20%
|
324
+22%
|
262
-19%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(68)
|
(71)
|
(75)
|
(77)
|
(79)
|
(80)
|
(83)
|
(87)
|
(91)
|
(89)
|
(88)
|
(95)
|
(96)
|
(97)
|
(99)
|
(102)
|
(152)
|
(113)
|
(164)
|
(118)
|
(166)
|
(121)
|
(171)
|
(124)
|
(177)
|
(130)
|
(191)
|
(156)
|
(204)
|
(171)
|
(236)
|
(183)
|
(250)
|
(187)
|
(247)
|
(198)
|
|
Selling, General & Administrative |
(59)
|
(62)
|
(65)
|
(69)
|
(73)
|
(73)
|
(76)
|
(79)
|
(83)
|
(85)
|
(85)
|
(87)
|
(90)
|
(91)
|
(92)
|
(95)
|
(144)
|
(106)
|
(150)
|
(109)
|
(156)
|
(113)
|
(161)
|
(117)
|
(167)
|
(123)
|
(174)
|
(134)
|
(178)
|
(145)
|
(210)
|
(162)
|
(220)
|
(162)
|
(224)
|
(171)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
0
|
(1)
|
0
|
(3)
|
0
|
(2)
|
0
|
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(2)
|
0
|
|
Depreciation & Amortization |
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(13)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(15)
|
(19)
|
(23)
|
(26)
|
(30)
|
(33)
|
(32)
|
(32)
|
(31)
|
(32)
|
(32)
|
|
Other Operating Expenses |
(1)
|
(0)
|
1
|
2
|
4
|
4
|
4
|
4
|
4
|
9
|
9
|
4
|
5
|
5
|
5
|
5
|
6
|
7
|
2
|
4
|
5
|
6
|
5
|
6
|
5
|
8
|
4
|
1
|
3
|
4
|
10
|
11
|
4
|
6
|
11
|
5
|
|
Operating Income |
24
N/A
|
30
+23%
|
29
-3%
|
29
-1%
|
28
-4%
|
28
+1%
|
29
+3%
|
31
+7%
|
32
+4%
|
34
+5%
|
32
-5%
|
29
-10%
|
31
+9%
|
31
N/A
|
34
+7%
|
34
+1%
|
35
+4%
|
37
+4%
|
39
+6%
|
43
+12%
|
42
-3%
|
42
+0%
|
46
+8%
|
45
-1%
|
48
+6%
|
46
-5%
|
46
+0%
|
53
+14%
|
56
+6%
|
82
+47%
|
87
+6%
|
81
-7%
|
84
+4%
|
79
-6%
|
78
-1%
|
65
-17%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(4)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
1
|
(1)
|
(1)
|
1
|
1
|
4
|
5
|
2
|
(0)
|
0
|
(1)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
1
|
(0)
|
(1)
|
1
|
3
|
4
|
|
Non-Reccuring Items |
0
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(5)
|
(5)
|
(2)
|
(2)
|
(0)
|
0
|
(0)
|
(0)
|
(5)
|
(7)
|
(19)
|
(18)
|
(1)
|
(10)
|
(10)
|
1
|
(3)
|
1
|
|
Total Other Income |
(0)
|
(1)
|
0
|
(1)
|
0
|
0
|
(2)
|
0
|
(1)
|
(2)
|
1
|
1
|
(0)
|
(0)
|
(2)
|
(2)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
20
N/A
|
25
+24%
|
24
-5%
|
25
+4%
|
25
0%
|
25
+2%
|
25
N/A
|
29
+17%
|
30
+4%
|
30
0%
|
32
+6%
|
31
-5%
|
31
N/A
|
30
-3%
|
32
+8%
|
33
+1%
|
38
+16%
|
41
+8%
|
36
-11%
|
38
+4%
|
40
+5%
|
40
0%
|
43
+9%
|
45
+3%
|
49
+9%
|
46
-6%
|
41
-11%
|
45
+12%
|
36
-22%
|
64
+79%
|
87
+36%
|
71
-18%
|
73
+3%
|
81
+11%
|
77
-5%
|
69
-10%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(12)
|
(13)
|
(12)
|
(13)
|
(12)
|
(11)
|
(8)
|
(8)
|
(12)
|
(12)
|
(12)
|
(15)
|
(17)
|
(23)
|
(24)
|
(23)
|
(25)
|
(22)
|
(21)
|
(22)
|
|
Income from Continuing Operations |
16
|
20
|
19
|
20
|
19
|
19
|
18
|
21
|
22
|
23
|
23
|
22
|
23
|
21
|
24
|
24
|
26
|
28
|
24
|
25
|
28
|
29
|
35
|
36
|
36
|
33
|
28
|
30
|
19
|
40
|
63
|
48
|
48
|
59
|
56
|
47
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
16
N/A
|
20
+25%
|
19
-6%
|
20
+6%
|
19
-6%
|
19
+1%
|
18
-3%
|
21
+13%
|
22
+8%
|
23
+2%
|
23
0%
|
22
-4%
|
23
+4%
|
21
-6%
|
24
+10%
|
24
+1%
|
26
+8%
|
28
+8%
|
24
-13%
|
25
+5%
|
28
+10%
|
29
+3%
|
35
+21%
|
36
+4%
|
36
0%
|
33
-8%
|
29
-15%
|
30
+6%
|
19
-37%
|
36
+88%
|
63
+74%
|
48
-24%
|
48
0%
|
59
+23%
|
56
-6%
|
47
-15%
|
|
EPS (Diluted) |
1.41
N/A
|
1.57
+11%
|
1.5
-4%
|
1.6
+7%
|
1.49
-7%
|
1.5
+1%
|
1.55
+3%
|
1.83
+18%
|
1.76
-4%
|
1.96
+11%
|
1.9
-3%
|
1.83
-4%
|
1.91
+4%
|
1.81
-5%
|
1.98
+9%
|
1.99
+1%
|
2.17
+9%
|
2.34
+8%
|
2.04
-13%
|
2.13
+4%
|
2.35
+10%
|
2.42
+3%
|
2.94
+21%
|
3.06
+4%
|
3.06
N/A
|
2.83
-8%
|
2.42
-14%
|
2.56
+6%
|
1.63
-36%
|
3.06
+88%
|
5.31
+74%
|
4.06
-24%
|
4.06
N/A
|
4.97
+22%
|
4.7
-5%
|
3.98
-15%
|