Webster Veterinary’s Revenue Up 37%

Revenue jumped by 37 percent, to $169.2 million, in the first quarter ended July 25.

Webster Veterinary, a unit of Patterson Companies Inc. of St. Paul, Minn., reported that revenue jumped by 37 percent, to $169.2 million, in the first quarter ended July 25.

Internal growth accounted for 8 percent of this increase, with the October 2008 acquisition of Columbus Serum Co. accounting for the balance.

“In addition to the Columbus Serum acquisition, our Webster unit benefited from increased sales of veterinary supplies due to higher levels of patient activity during the first quarter,” said James Wiltz, president and CEO of Patterson Companies. “However, many veterinary practices continued to defer equipment purchases in view of the weak economy.”

Overall, Patterson reported first-quarter net income of $45.1 million on revenue of $789.6 million, compared to $46 million and $743.9 million, respectively, in the year-ago period.


Leave a Comment


Your email address will not be published. Required fields are marked *


Sign-up for your account with Veterinary Practice News. Your account gives you unlimited free access to our Newsletter Archives and our Digital Editions of Veterinary Practice News.
Please check the box below to confirm you would like to be added to Kenilworth Media’s various e-mail communications (includes e-newsletters, a survey now and then, and offers to the veterinarian industry*).

Leave this empty:

*We do not sell your e-mail address to 3rd parties, we simply forward their offers to you. Of course, you always have the right to unsubscribe from any communications you receive from us, should you change your mind in the future.