Page 54 of 72
Animal Health News & Notes for July 7, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 7, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: other news Agricore United Henry Schein Hi-Pro Feeds Pro Brands Provet Holding Vetoquinol Virbac Corp. ******************************************************************* BRAKKE CONSULTING, INC. Do You Know Where Your Company Is Going? Brakke Consulting is an excellent resource in the strategic planning process. Brakke Consulting’s past assistance in strategic planning has included: – reviewing the revenue estimates and success probability of the product pipeline, – reviewing the timing of various new product introductions versus probable timing of competitive introductions, and estimating the impact of various scenarios – benchmarking various functions against company competitors in the larger markets, which might include sales force size, technical services, and/or R&D spend vs. sales Brakke Consulting can provide insights and professional assistance that improves the likelihood of success. Please contact us if you would like the benefit of professional assistance in any of these areas. Contact information for all offices are available on our website at www.BrakkeConsulting.com ******************************************************************* COMPANY NEWS RELEASES > Virbac Corporation announced that its settlement with the SEC has been finalized. The settlement concerns the investigation conducted by the SEC into alleged violations of federal securities laws relating to the
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July 7, 2006
Animal Health News & Notes for June 30, 2006
printer friendlt version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 30, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Spectrum Brands other news All American Pet Company Avimex Bomac Diamond Pet Foods Farmland Glovebrush Corp. IDEXX J.R. Simplot Merial Neogen Orion Sara Lee Smithfield Foods Vets Plus Western Stockmen’s ******************************************************************* COMPANY EARNINGS RELEASES > Spectrum Brands, Inc. announced results for its fiscal second quarter ended April 2, 2006. In 2006, Spectrum Brands created the Global Pet segment, a new business segment for reporting purposes, comprising United Pet Group, Tetra and Jungle Labs, all of which were acquired during 2005. The Global Pet segment contributed net sales of $137.8 million and segment profits of $21.6 million during the second quarter. This compares to segment revenues of $132.8 million and segment profits of $20.6 million in the second fiscal quarter of last year when adjusted to include acquisitions for the full quarter. (company website) ******************************************************************* Brakke Consulting Executive and Sales Force Recruiting Specialists Since 1986 Brakke Consulting, Inc. has successfully assisted many clients in acquiring exceptional employees at all levels, in the many departments of animal health, pet, veterinary and specialty chemical companies. We strive to pre-qualify candidates, allowing clients to choose
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June 30, 2006
Animal Health News & Notes for June 23, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 23, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Del Monte other news Biogenesis Boehringer Ingelheim Butler H.J. Baker & Bro. IVESCO San Jorge Bago ******************************************************************* COMPANY EARNINGS RELEASES > Del Monte reported results for the fiscal year ended April 30, 2006. Revenues for the Pet Products division were $856 million, an increase of 2% compared to fiscal year 2005. (company website) ******************************************************************* AnimalHealthJobs.com 51 Jobs posted Visit our website and see if the next step in your career is awaiting you! www.AnimalHealthJobs.com ******************************************************************* COMPANY NEWS RELEASES > Butler Animal Health Supply confirmed that it has signed a letter of intent to acquire IVESCO. The two companies are currently engaged in due diligence. Butler stated it will have no further comment on this matter until a decision has been reached. (PRNewswire) > H.J. Baker & Bro. Inc. is recalling three livestock feed ingredients after a sample tested by the FDA tested positive for cattle meat and bone meal. Two ingredients being recalled are Pro-Lak and Pro-Amino II, which are given to dairy cows, made by H.J. Baker between August 2005 and June 2006. Pro-Pak with Porcine Meat
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June 23, 2006
Animal Health News & Notes for June 16, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 16, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: other news Allerca AusGene International Boehringer Ingelheim Vetmedica Doane Pet Care Farnam Imulan BioTherapeutics Intervet Kibow Biotech Mars Neogen Newsham Genetics Nutramax Labs SalPep BioTechnology Vetoquinol ******************************************************************* BRAKKE CONSULTING, INC. Value Added Public Relations Most companies help sponsor various consultants in veterinary practice management that speak at veterinary meetings. The success of animal health manufacturers and distributors is directly dependent upon the success of the veterinarian. The practice management consultants of Brakke Consulting, Inc. are widely respected speakers and authors, and are experienced at helping both companies and veterinarians learn how to succeed in the continual challenge of serving pet and animal owners. Contact the Brakke Veterinary Practice Management Group at vpmg@brakkeconsulting.com to learn how our practice management consultants can benefit your company. www.brakkevpmg.com www.BrakkeConsulting.com ******************************************************************* COMPANY NEWS RELEASES > Intervet announced that, together with scientists at the Friedrich-Loeffler Institute in Germany, the company has developed a prototype for a next-generation vaccine offering protection against both avian influenza and Newcastle Disease that can be mass applied by spraying instead of injecting. The new vaccine, scheduled to undergo field trials next year, can also be
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June 16, 2006
Animal Health News & Notes for June 9, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 9, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Smithfield Foods other news Avid Castor & Pollux Pet Works COLT Technologies Crystal Import Datamars Fort Dodge Guildhay Merial MJ Biologics PETCO Phibro Provimi TekVet Verdancia Farms Vita Distribution Walt Disney ******************************************************************* COMPANY EARNINGS RELEASES > Smithfield Foods saw its fourth-quarter profits drop from $84.4 million a year ago to $1.1 million this year. The company blamed a protein glut for pushing down pork prices and prices of live hogs. Without the effect of the discontinuation of its Gorges/Quik-to-Fix Foods operations, the net profit would have been $4.7 million. Sales also fell by 8%, to $2.68 billion from $2.9 billion a year ago. Those results contributed to a sharp 42% decline in profits for the year, ended April 30, to $172.7 million from $296.2 million in 2005. (Meating Place) ******************************************************************* BRAKKE CONSULTING, INC. The Success of Veterinarians Is Essential The Practice Management Group of Brakke Consulting, Inc. have become some of the most frequent speakers at veterinary association meetings throughout the U.S. and abroad. They consistently fill the rooms when they present veterinary management seminars. PMG can help your company
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June 9, 2006
Animal Health News & Notes for June 2, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 2, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* JUMP TO: earnings news Premium Standard Farms other news Fort Dodge GlobalVetLink Merial Tridelta ******************************************************************* COMPANY EARNINGS RELEASES > Premium Standard Farms reported that sales for the year ended March 26 slid slightly, to $919.5 million from $927.6 million, while profits for the year slid from $67.7 million to $53.1 million. The company anticipates the trend to continue into fiscal 2007, with prices continuing to fall at retail as domestic demand for pork continues to slow after a spike partially engendered by the low-carb, high-protein diet fad earlier in the decade. (Meating Place) ******************************************************************* BRAKKE CONSULTING, INC. When The Time is Right Are you interested in growing your business by purchasing another company, product line or technology? Have you been thinking about selling your company, product line or technology? Have you considered merging your company with another firm to improve shareholder value? Brakke Consulting, Inc. assisted many clients with mergers, acquisitions and divestitures over the last few years. Contact information for all offices are available on our website at www.BrakkeConsulting.com. www.BrakkeConsulting.com ******************************************************************* COMPANY NEWS RELEASES > Merial announced that a federal court has signed
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June 2, 2006
Animal Health News & Notes for May 26, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 26, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news PETCO Provimi Sanderson Farms Webster Veterinary Supply other news Abaxis Farnam Henry Schein Sergeant’s ******************************************************************* COMPANY EARNINGS RELEASES > Patterson Companies, Inc. reported results for the full fiscal year 2006 ended April 29. Full-year sales for Webster Veterinary Supply were $346 million, an increase of 18% compared to fiscal year 2005. (company website) > PETCO Animal Supplies, Inc. reported net sales of $521 million in the first quarter of fiscal 2006, an increase of 8.6% from the year-earlier period. Comparable store net sales increased 2.2%. Sales in the company’s Services business in the first quarter increased 19.1% over the same period last year. Net earnings in the first quarter 2006 were $11.0 million. PETCO opened 21 new stores, or 20 net of relocations and closings, during the first quarter of fiscal 2006, and increased its store base to 799 locations. (PRNewswire) > Provimi reported a 16.7% increase in first quarter sales to EUR 420 million ($505 million). The company said that volumes had increased, and that, as in previous quarters, there had been a rise in sales of more profitable
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May 26, 2006
Animal Health News & Notes for May 19, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 19, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news CEVA Doane Pet Care Heska OurPet’s Company PetMed Express PetSmart Virbac Corp. other news Alltech BioQual Cenzone Tech DSM Intervet Mach One Pfizer Sara Lee SkyLynx Communications Smithfield Foods Smithfield Packing VETCO Hospitals Vets Plus ******************************************************************* COMPANY EARNINGS RELEASES > CEVA Sante Animale announced results for the first quarter of 2006. The company achieved a turnover of EUR 72 million ($87 million), increasing by 31% compared to the same period of 2005. The Animal Health activity (which counts for 97.5% of the total CEVA activity) was supported by a strong growth in Europe. In Asia and USA, the activity remained good with an excellent performance of recombinant vaccines from Biomune on the US market. (company information) > Virbac Corp. announced earnings for the three months ended March 31, 2006. Virbac reported first quarter 2006 net income of $0.4 million on revenues of $19.7 million, compared to first quarter 2005 net income of $0.3 million on revenues of $19.1 million. (company press release) > Heska Corporation reported financial results for its first quarter ended March 31, 2006. The company reported revenue of $17.5
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May 19, 2006
Animal Health News & Notes for May 12, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 12, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Bioniche Embrex Gold Kist Ridley Seaboard other news Farnam Hypor IDEXX JBS United MWI Northland Vet Supply Shandong Liuhe Group Sichuan South Hope Company Smithfield Tyson Foods VetLINK Virbac Corp. ******************************************************************* COMPANY EARNINGS RELEASES > Embrex Inc., announced financial results for the first-quarter ended March 31, 2006. consolidated revenues were $13.2 million, a 3% increase compared to consolidated revenues of $12.8 million for the first quarter of 2005. Consolidated net income was $0.9 million for first-quarter 2006, a 49% increase over first-quarter 2005 net income of $0.6 million. (company website) > Bioniche released results for its third quarter of fiscal 2006 ended March 31, 2006. The Company’s consolidated revenues from marketed products for the third quarter of fiscal 2006 decreased slightly to C$7.4 million (US$6.3 million) from C$7.6 million reported in the same period of fiscal 2005. Animal Health sales were C$6.5 million (US$5.6 million) for the third quarter of fiscal 2006, unchanged from the same period last year. (company website) > Ridley, Inc. reported results for its fiscal third quarter. For the quarter, the company reported earnings of $3.9 million
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May 12, 2006
Animal Health News & Notes for May 5, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 5, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS earnings news Abaxis Alpharma Central Garden & Pet Digital Angel MWI Pilgrims Pride Tyson other news Agrivet Farm Care Altair Nanotechnologies Bayer Elanco Farnam Hill’s Milk Specialties MISCO Virbac VPL ******************************************************************* COMPANY EARNINGS RELEASES > Alpharma reported results for the first quarter of 2006. Animal Health revenues increased 10% to $81.7 million compared to $74.5 million in 2005. Revenue growth was driven by strong sales in US livestock markets and increased sales in Europe and Asia. Global sales of poultry products in the first quarter of 2006 were comparable to 2005 levels. Operating margins were 20.8% in 2006 versus 18.4% in the first quarter of 2005. (company press release) > MWI Veterinary Supply, Inc. announced financial results for its second quarter ended on March 31, 2006. Total revenues grew 23% to $143 million for the three months ended March 31, 2006. Net income increased 296% to $2.4 million for the three months ended March 31, 2006 compared to $0.6 million for the three months ended March 31, 2005. (company website) > Digital Angel Corporation announced results for its first quarter ended March 31,
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May 5, 2006
Animal Health News & Notes for April 28, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for April 28, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Bayer Hill’s IDEXX Maple Leaf Nestle VCA Antech Virbac SA other news Alpharma Doane Pet Care Embrex Encore Genetics Mars Smart Drug Systems ViaGen ******************************************************************* COMPANY EARNINGS RELEASES > Bayer reported financial results for the first quarter of 2006. Sales in the Animal Health segment advanced 10.6% to EUR 220 million ($266 million) as volumes increased in all regions, especially Europe. At the same time, this segment benefited from the European market launch of Profender, a new dewormer for cats. (company website) > Virbac SA reported results for the first quarter of 2006. Net sales were EUR 91 million ($110 million), an increase of 15% compared to the first quarter of 2005. (company website) > IDEXX Laboratories, Inc. reported that revenue for the first quarter of 2006 increased 10% to $168.2 million for the first quarter of 2005. Companion Animal Group (“CAG”) revenue for the first quarter of 2006 increased 12% to $139.4 million for the first quarter of 2005 primarily due to higher sales in all CAG product and service categories. Incremental sales from businesses acquired during 2005, consisting of
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April 28, 2006
Animal Health News & Notes for April 21, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for April 21, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Biopure Elanco Evialis Fort Dodge ImmuCell Intervet Merial Pfizer Schering-Plough other news Henry Schein Lifelearn NLS Animal Health Royal Canin Vedco ******************************************************************* COMPANY EARNINGS RELEASES > Pfizer reported results for the first quarter of 2006. Animal health revenues were $511 million, an increase of 3% compared to the first quarter of 2005. (PRNewswire) > Merck reported results for the first quarter of 2006. Sales for joint venture Merial were $586 million, an increase of 18% compared to the first quarter of 2005. Sales of Frontline increased 29% in the quarter. (company website) > Akzo Nobel reported results for the first quarter of 2006. Intervet’s revenues grew 8% to an all-time quarterly high of EUR 282 million ($341 million). Operating income grew 9% to EUR 58 million ($70 million). This performance was driven by accelerating growth outside Europe, especially in North America. (company press release) > Wyeth reported results for the 2006 first quarter ending March 31, 2006. Worldwide net revenue for Animal Health division Fort Dodge increased 1% to $248 million for the 2006 first quarter due to higher sales of
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April 21, 2006
Animal Health News & Notes for April 14, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for April 14, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ****************************************************************** BRAKKE CONSULTING CELEBRATES 20th YEAR JUMP TO: earnings news Cargill Swift other news Alpharma Bayer Beijing Dejia Cargill Datamars Digital Angel Elanco Mars Neogen Nutreco Pet Ecology Brands S&M NuTec Sogeval Laboratories Swift (lawsuit) Swift (sale) Trouw Tyson XL Foods ******************************************************************* COMPANY EARNINGS RELEASES > Swift & Co. reported third quarter sales of $2.256 billion, about flat compared to last year’s $2.265 billion for the same period. The company reported a loss of ($30 million) before interest, taxes, depreciation and amortization for the quarter, compared to a loss of ($4 million) last year, with most of the losses attributable to domestic pork and beef operation. (Meating Place) top > Cargill reported net earnings of $370 million for the 2006 third quarter ended Feb. 28, up from $366 million in the same period a year ago. Three of Cargill’s five segments – risk management and financial, origination and processing, and food ingredients and applications, the latter led by the North American-based food ingredients businesses and the poultry businesses globally – delivered third-quarter earnings that exceeded the prior year’s results. (company website) top ******************************************************************* NOW AVAILABLE
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April 14, 2006
Animal Health News & Notes for April 7, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for April 7, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* 2006 Pain Management Report now available see below for details IN THE NEWS: earnings news Boehringer Ingelheim Vetmedica Virbac Corp. other news Crucell Dr. E. Gräub Hartz Henry Schein NLS Animal Health VETINVEST ******************************************************************* COMPANY EARNINGS RELEASES > Boehringer Ingelheim reported results for the year ended December 31, 2005. Sales for Animal Health increased 8% (local currencies) in 2005 to 361 million euros ($428 million). (company website) > Virbac Corporation announced its earnings for the year and three months ended December 31, 2005. Virbac reported 2005 net income of $3.9 million on revenues of $80.8 million as compared to 2004 net income of $1.5 million on revenues of $77.1 million. While incurring significant non-recurring costs since December 31, 2003, the company has reduced net borrowings by nearly $12.0 million largely as a result of Virbac’s strong operating performance. Virbac Corp is pleased to have many of the issues that have challenged the Company over the past two years nearly resolved, and has reapplied for relisting with NASDAQ and is hopeful that they will be able to complete this process in the near future. (MSN)
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April 7, 2006
Animal Health News & Notes for March 31, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for March 31, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* 2006 PAIN MANAGEMENT PRODUCTS REPORT WILL BE SHIPPING NEXT WEEK! TODAY IS THE LAST DAY TO ORDER AT EARLY-BIRD PRICE! See below for details IN THE NEWS: earnings news Doane Pet Care Heska OurPet’s Company other news Brawley Beef Cross VetPharm Crystal Import Farnam (joint care) Farnam (Shed-Stop) First Pet Life Iowa Veterinary Supply IVESCO IVS Animal Health Merial Monsanto Mrs. Allen’s Shed-Stop Panhandle Veterinary Supply PetAg Scholfield Veterinary Supply Stabar Tyson US Premium Beef Veterinary Products Laboratories Virbac VMS Wellmark WYNCO Wysong ******************************************************************* COMPANY EARNINGS RELEASES > Heska reported results for its year ended December 31, 2005, the company’s best year ever. 2005 revenues were $69.4 million, with net income of $282,000, over a $5 million improvement from 2004. (company press release) > Doane Pet Care Company reported net sales and earnings results for the full year ended December 31, 2005. The Company’s net sales decreased 5.7% to $992 million on a combined basis from $1.1 billion for fiscal 2004. This decrease was primarily due to the Company’s domestic cost-sharing arrangements, and the related impact of passing through lower commodity costs, and lower domestic sales
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March 31, 2006
Animal Health News & Notes for March 24, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for March 24, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* 2006 PAIN MANAGEMENT PRODUCTS REPORT LAST WEEK TO ORDER AT EARLY-BIRD PRICE! See below for details IN THE NEWS: earnings news Neogen Oil-Dri other news AgTech Central Garden & Pet Creekstone Farms Farnam IDEXX JAKKS Pacific Mach One Petco Pfizer Royal Canin VDx ******************************************************************* COMPANY EARNINGS RELEASES > Neogen Corporation announced results for the third quarter of FY 2006 ended Feb. 28. Third quarter revenues increased 22% to $17.6 million, a record third quarter for the company. Year-to-date, revenues rose 13% in the fiscal year to $52.6 million. Neogen’s Animal Safety Division third quarter revenues increased 7% to $8.7 million when compared to FY 2005. The division’s revenues were up 9% to $28.3 million for the current fiscal year’s first nine months. (company press release) > Oil-Dri Corporation of America reported results for the second quarter ended January 31. Sales for the company’s Retail and Wholesale Group were $35.6 million, an increase of 8%. Sales increased for the company’s scoopable litters and private label accounts also contributed to sales. (Pet Product News) ******************************************************************* COMING SOON! PAIN MANAGEMENT PRODUCTS IN DOGS AND CATS 2006 UPDATED REPORT
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March 24, 2006
Animal Health News & Notes for March 17, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for March 17, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* COMING SOON – 2006 PAIN MANAGEMENT PRODUCTS REPORT see below for details IN THE NEWS: earnings news Alpharma Digital Angel Novozymes Ouro Fino PETCO Provimi other news Boehringer Ingelheim Vetmedica Daploma Del Monte Digital Angel EcoSMART Technologies GeneThera Milk Bone Nutricion Avanzada Omnipharm Ritchey Sergeant’s Virbac ******************************************************************* COMPANY EARNINGS RELEASES > Alpharma announced results for the fourth quarter 2005. Animal Health fourth quarter revenues increased 8.4% to $91 million compared to the fourth quarter of 2004. Revenue growth was driven primarily by strong sales in US livestock markets. For the year 2005, Animal Health revenues increased 3.2% to $325 million. (PRNewswire) > Digital Angel Corporation announced results for its year ended December 31, 2005. Full year 2005 revenues for the Animal Applications division were a $36 million, up 39% over 2004 revenues. The company reported a 110% increase in year-over-year sales of electronic RFID products for livestock, as well as a 25% increase in 2005 domestic pet chip unit sales over 2004. (company website) > PETCO Animal Supplies, Inc. reported unaudited financial results for the fourth quarter and fiscal year 2005 ended January 28, 2006.
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March 17, 2006
Animal Health News & Notes for March 10, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for March 10, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Bayer CEVA Embrex other news Alpharma Boehringer Ingelheim Vetmedica Clorox Henry Schein Intervet KMG Chemicals Lucky Litter Microgy NLS Animal Health Swift and Co. ******************************************************************* COMPANY EARNINGS RELEASES > Bayer reported results for the year 2005. Animal Health group sales were EUR 856 million ($1,014 million), an increase of 9% compared to 2004. The increase was mainly the result of strong performance by Advantage product line in the US. Also contributing to growth were the launch of Advocate and Profender parasiticides in Europe and Canada. (company website) > CEVA Sante Animale reported results for the full year 2005. The CEVA veterinary pharmaceutical group finished the 2005 financial year on consolidated turnover of EUR 271 million ($321 million), up 17.3% on 2004. On the same consolidation basis, turnover was up 7%. The Group achieved an exceptional performance in Europe with a special mention for the countries of Northern and Central Europe. Growth in Latin America and Asia also contributed to CEVA’s excellent results over the financial year as a whole. (company press release) > Embrex, Inc. announced financial results for the full
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March 10, 2006
Animal Health News & Notes for March 3, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for March 3, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Dechra Del Monte PetSmart Sanderson Farms Smithfield Foods other news Acambis Aspen Pet Products Del Monte Hartz Iams Intervet Meow Mix Merial Monsanto Novartis Veterinary Products Laboratories ******************************************************************* COMPANY EARNINGS RELEASES > Dechra posted an 11% rise in half year revenue, citing strong market conditions and further penetration of its products in the veterinary market. Revenue for the six months to December 2005 rose 11% to GBP 116.1 million ($200 million) from GBP 104.3 million, while pre-tax profit was 9% higher at GBP 5.2 million ($9 million). (Sharecast) > Del Monte Foods Company reported results for the third quarter ended January 29, 2006. Pet Products net sales were $227.3 million, an increase of 1.9% over net sales of $223.0 million in the prior year period. The increase was driven primarily by increased volume from new products in the pet snacks and dry dog food businesses. (Business Wire) > PetSmart, Inc. reported results for the fiscal year 2005 ended January 29, 2006. PetSmart generated $3.76 billion in net sales in 2005, up 12% from $3.36 billion in net sales a year ago. Comparable
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March 3, 2006
Animal Health News & Notes for February 24, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for February 24, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Maple Leaf Foods Nestle Nutreco VCA Antech Webster Veterinary Supply other news Abbott AFP Imaging Biomune Breeder’s Choice Central Garden & Pet Centrus Int’l Ceva DACO Laboratories Hartville Group Hypor Intervet Masterfeeds Neogen (Centrus) Neogen (Ideal Instruments) Nutreco S&M NuTec Target ******************************************************************* COMPANY EARNINGS RELEASES > Nestle reported results for the full year 2005. Sales for Petcare were CHF 10,569 million ($8,032 million), representing organic growth of 5.2%. Petcare products achieved market share gains in most categories and key markets. Cat Chow Indoor Formula, a newly launched product in the US, achieved sales of CHF 125 million ($95 million) in its first year. (company press release) > Patterson Companies, Inc. reported results for the third quarter of fiscal 2006 ended January 28. Sales of the Webster Veterinary Supply unit increased 14% in the third quarter of fiscal 2006 to $80.8 million. (Business Wire) > VCA Antech, Inc. reported financial results for the year ended December 31, 2005 as follows: revenue increased 24.6% to $839.7 million; and reported net income was $67.8 million. Excluding an after-tax charge of $11.7 million for debt retirement
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February 24, 2006
Page 54 of 72
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