Virbac: Its Thai subsidiary celebrates 30 years with €13 million in revenue in 2025
On the occasion of the 30th anniversary of its Bangkok subsidiary, Virbac published on October 6, 2026 a press release tracing its development in Thailand, where business reached 13 million euros in revenue in 2025. This is institutional communication in which the group indicates that this subsidiary confirms the "driving role" of Southeast Asia in its international development.
Pig farming, companion animals and aquaculture: three pillars
The veterinary laboratory describes a strategy based on alignment with the sanitary and economic specificities of the Thai territory. In livestock, Virbac targets a pig farming industry presented as "highly structured", with preventive and vaccine solutions, including oral vaccines against edema disease and piglet diarrhea.
The companion animal segment is recording, according to the press release, the strongest growth of the subsidiary. The group attributes this to the development of veterinary medicalization and the growing place of animals within households.
Aquaculture, described as an emblematic sector of the country, constitutes for Virbac a "strong strategic lever". The company relies on the historical expertise inherited from Bio-Solution.
Three development phases and 87% growth since 2017
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From 1996 to 2016, the subsidiary developed through a local partner distribution network, quadrupled its offering and acquired Bio-Solution, an operation that consolidated the group's expertise in aquaculture. In 2017, it set up a sales team of 30 people and deployed a multi-channel distribution model.
Since 2021, Virbac Thailand has launched an e-commerce business in the companion animal segment. The subsidiary now manages a portfolio of 65 products and displays growth of 87% since 2017.
The group attributes this progression to the structuring of sales to major livestock accounts and digital channels for companion animals. On September 7, 2026, the subsidiary's teams and the Far East Asia zone management met in Bangkok for this anniversary. "This ceremony was an opportunity to warmly thank our teams for their daily commitment, as well as our customers and partners for their renewed trust," declared Yotin Dokrakklang, general manager of the subsidiary.
SectorPharmacie et biotechnologies›Pharmacie, vaccins et santé animale
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Context
Period
Period: 9M 2026
Key reported figures
Revenue: 1 168 millions d'euros
Quarterly revenue: 1 168 millions d'euros
Guidance from the release
Notre solide performance à fin septembre 2026 nous permet de viser le haut de notre fourchette initiale de croissance du chiffre d'affaires
Risks mentioned
Effets de change défavorables impactant la croissance réelle (croissance réelle +5,9% vs +7,9% à taux constants)
Pression concurrentielle persistante sur les vaccins porcins en Asie de l'Est et pressions tarifaires au segment Animaux d'élevage
Exposition au Moyen-Orient et suivi des tendances inflationnistes (énergie) malgré anticipation d'impacts limités
Opportunities identified
Croissance soutenue des plateformes Supercharge (+11% environ) couvrant petfood, reproduction, dentaire, mobilité, otologie, endocrinologie et ruminants
Intégration fluide de Thyronorm dans la franchise d'endocrinologie avec contribution de +1 point de croissance et +0,5 point d'Ebit ajusté
Redémarrage réussi de la production du contrat majeur de façonnage en Amérique du Nord (juillet 2026) après contrainte réglementaire temporaire
Outlook / guidance
Expected revenue: 1 575 millions d'euros
Management commentary: « Bien que nos perspectives pour l'ensemble de l'année 2026 restent inchangées, notre solide performance à fin septembre (croissance de +7,9%) nous permet de viser la borne haute de notre fourchette de croissance du chiffre d'affaires de 5,5 % à 7,5 % à PCC »
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.