Edit Module

Henry Schein’s Vet Business Sees Marked Increase



Published:

Henry Schein Inc.’s North American veterinary division May 4 reported revenue of $206.6 million for its first quarter ended March 27, up 271.5 percent from the year-ago period. The figure includes sales of Butler Schein Animal Health since Jan. 1.

“Butler Schein Animal Health is the largest distributor to veterinary practices in North America, and we are pleased that the integration of that business is progressing according to plan,” said Stanley Bergman, chairman and chief executive officer of Henry Schein.

International sales of $609.5 million increased 16.4 percent, consisting of 7.5 percent growth in local currencies and 8.9 percent growth related to foreign currency exchange.

“International growth reflects strong performance in the dental and veterinary businesses, as well as particular strength in France, Australia, Germany, Spain and Switzerland,” Bergman said. “With continuing sales growth in our international business combined with the effects of a restructuring completed in the first quarter of 2010, we look forward to further increasing our international operating margins.”

Overall, Henry Schein reported net income of $67.3 million on revenue of $1.8 billion for its first quarter, compared to net income of $59.3 million on revenue of $1.5 billion in the year-ago period.

<HOME>

Edit Module
Edit ModuleShow Tags

Archive »Read More

Four reasons veterinary clients avoid regular checkups for their cats—and what you can do about it

A recent survey found 92 percent of cat owners say their cat’s health is important to them, but only half of all American cats taken to the veterinarian by their caretakers on a regular basis; inspire cat owners to participate in Take Your Cat to Vet Day on August 22.

Four-letter pet peeves and other veterinary vocabulary vexations

Why some terminology often strikes one veterinarian as disparaging, disdainful and otherwise disrespectful to companion animals.

The amazing grace of senior pets

Help clients' older furry companions age with dignity and quality through observation, early detection and diagnosis, and care delivered by a collaborative veterinarian-owner approach.

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

Events


Show More...
Edit Module
Edit Module