Vetoquinol H1 2021 RESULTS

WORKING CAPITAL July 29, 2021 H1 2021 RESULTS 15 €m 06/30/2021 12/31/2020 06/30/2020 Inventories 106.4 85.5 84.2 Trade and other receivables 92.5 88.6 81.2 Trade and other payables (118.0) (116.0) (88.8) Other net working capital (4.8) (2.7) (0.5) Working capital 76.1 55.4 76.8 In number of days (by due date) 55 47 74