Revenue Up In Neogen's Animal Safety Division



Published:

Neogen Corp.’s Animal Safety Division reported revenue of $15 million in the fourth quarter ended May 31 compared to $11.5 million in the year-ago period.

Year to date, the division reported revenue of $57.7 million, up from $44.8 million in the same period a year earlier.

The Lansing, Mich., company noted that integrating the acquired DuPont line of disinfectants and cleaners and IDS drug residue diagnostics contributed to most of the revenue growth for the year.

Sales of the DuPont products exceeded expectations by more than 10 percent, according to Neogen.

Domestic sales of Neogen’s line of rodenticides saw growth of 11 percent for the year. Sales of the Kare line of small-animal supplements rose by more than 40 percent.

Overall, Neogen reported fourth-quarter net income of $3.4 million on revenue of $30.9 million, compared to $3.2 million and $27.1 million, respectively, in the year-ago period.

Year to date, the company reported net income of $13.9 million on revenue of $118.7 million, compared to $12.1 million and $102.4 million, respectively, in the year-ago period.

<HOME>

 

Edit Module
Edit ModuleShow Tags

Archive »Read More

BluePearl Jumps in With Penguin Cataract Surgery

Two Detroit Zoo penguins underwent surgery at BluePearl Veterinary Partners in Southfield, Mich.

All-Inclusive Pet Hotel, Vet Practice Expands

Dr. Boyd’s Pet Resort & Veterinary Center offers everything from boarding and day care to grooming and veterinary care.

Aratana Moves Ahead on 2 Canine Drugs

Missouri company sees good early results from treatments for osteoarthritis and post-operative pain in dogs.

Add your comment:
Edit Module
Edit ModuleEdit ModuleShow Tags Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Events


Show More...
Edit Module
Edit Module