Vetoquinol H1 2021 RESULTS

INCOME STATEMENT (CONTINUED) July 29, 2021 H1 2021 RESULTS 13 €m 06/30/2021 % sales 06/30/2020 % sales Change EBIT 50.4 19.7 24.4 12.4 +106.9% Non-recurring operating income and expenses (0.2) n/a (1.4) n/a -88.6% Operating income 50.2 19.7 22.9 11.7 +119.2% Net financial items 0.3 0.1 (0.5) (0.3) -157.6% Income before tax 50.5 19.8 22.4 11.4 +125.3% Income tax (14.4) (5.6) (7.6) (3.9) +89.5% Earnings/(loss) of associates 0 n/a 0.1 n/a n/a Net income Group share 36.2 14.2 15.1 7.6 +140.5% EBITDA* 67.5 26.4 38.0 19.4 +77.6% * see EBITDA reconciliation attached