VETOQUINOL Corporate brochure 2007 (year 2007)

2007 was a good year for Vétoquinol. Our results show that our fundamental work is relevant and rooted in strong values which contribute to our Group’s future and continuing success. We have tried to be even more profitable in all the company’s sectors. We have endeavoured to keep a closer control on our manufacturing cost prices and in this way have improved our productivity. Our results are better because we have streamlined our production facilities and improved their operating rate, and supplemented our sales teams abroad, particularly in the United States. There are more training courses for our marketing and sales teams and we have implemented the same methods in all countries. Étienne Frechin, President #02 Activity report 2007 / A word from the President “2007 completely sums up our strategy and our values” Our position in the animal health market is due to one solid asset: our Research & Development. In 2007 we set up an innovations division to make Vétoquinol even more innovative. The objective is to identify any needs which have not been met and to bring out ideas from the people on the ground and then convert them into potential products. This approach will allow us to target Research & Development projects more accurately and speed up the process of turning ideas into new products. Our business, in terms of turnover, is growing mainly for two reasons: the uninterrupted development of the animal health market and the balance between companion animals and livestock. This growth has been consolidated by marketing our products in new territories, the impact of Vet Solutions in the United States and marketing new products