2Q24

2Q24

• 2Q24 Earnings Release:

  • Revenue ex-Food-and-Mouth grows 7.3% in 2Q24 and 7.0% in the six-month period.
  • Growth in Production Animals, representing 10.7% compared to 2Q23 (ex-Foot-and-Mouth).
  • Strong growth in Companion Animals, representing 16.3% compared to the previous year.
  • Growth in profitability indicators: Gross margin +2.3 p.p., EBITDA margin +5.0 p.p. and Net margin +5.0 p.p. in the six-month period.
  • Leverage decline from 0.9x to 0.4x EBITDA, with 76.5% of debt in the long term, and an average annual cost of debt of 7.9% p.a. at the end of the period.
  • Robust operating cash generation, reaching R$ 100 million in 6M24.