{"version":"1.0","provider_name":"Brakke\u54a8\u8be2\u7f51\u7ad9","provider_url":"https:\/\/brakkeconsulting.com\/zh","title":"News from Brakke Consulting","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"VPskqrTWSS\"><a href=\"https:\/\/brakkeconsulting.com\/zh\/brakke-viewpoint-august-2-2024\/\">\u5e03\u62c9\u514b\u89c2\u70b9 2024 \u5e74 8 \u6708 2 \u65e5<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/brakkeconsulting.com\/zh\/brakke-viewpoint-august-2-2024\/embed\/#?secret=VPskqrTWSS\" width=\"600\" height=\"338\" title=\"\u300a\u5e03\u62c9\u514b\u89c2\u70b92024\u5e748\u67082\u65e5\u300b\u2014\u5e03\u62c9\u514b\u54a8\u8be2\u7f51\u7ad9\" data-secret=\"VPskqrTWSS\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/brakkeconsulting.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>","description":"As most of you know, it\u2019s quarterly earnings reporting time.\u00a0 I\u2019ll admit I was a little down in the dumps earlier this week after reading a few articles in the Wall Street Journal about companies slow or no growth.\u00a0 How was the 2nd quarter for animal health companies going to turn out, I wondered. Two weeks ago, Boehringer Ingelheim reported 1H growth of 1% (CC) but Virbac reported 1H growth of 11.3% (CC).\u00a0 Last week, Nestle reported organic growth of 3.8% for its Nestle Purina PetCare business.\u00a0 This week, Merck reported that its animal health business grew 6% (CC) in 2Q (up from 4% in 1Q) with the livestock business growing 11% in the quarter and the companion animal business growing 1%.\u00a0 Also, Cencora\u2019s MWI animal health business reported 6.7% growth over the last three quarters, but only 4% for the last quarter.\u00a0 Finally, Colgate-Palmolive\u2019s Hills Pet Nutrition reported organic growth in 2Q of 6.1% and 1H growth of 5.2%. IDEXX and Zoetis report next week and Elanco after that, so we will have a better idea of industry growth this year very soon.\u00a0 What is apparent is that there is softness in the companion animal parasiticide segment, which we will comment on after a few more companies report.\u00a0 Even with this softness, it looks like the animal health industryView Full Post;"}