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1ST QTR: SANOFI SALES DOWN 2%, NET INCOME DOWN 3%
Source: Sanofi news release

To view the complete report, click here.

In the first quarter of 2014, Sanofi generated sales of €7,842 million, a decrease of 2.7% on a reported basis.

Exchange rate movements had a negative effect of 6.2 percentage points primarily reflecting the depreciation of
the U.S. Dollar, Japanese Yen, Brazilian Real, Russian Ruble, Argentine Peso, Turkish Lira and the Australian
Dollar against the Euro.

First-quarter sales of Animal Health were €517 million, down 1.6%. In Emerging Markets, sales grew 3.9% to €121 million.
Sales of the Companion Animals segment were €344 million, a decrease of 3.7% in the first quarter.

Merial started to prepare for the flea and tick season by introducing NexGardTM for dogs in the U.S. and in France in the first quarter. BroadlineTM, a unique product in the fight against external and internal parasites for cats and kittens, was also launched in France.

Sales of NexGardTM were €23 million while sales of the anti-parasiticide Frontline®/fipronil family of products were down 8.3% to €169 million. Furthermore, in the first quarter of 2013, Heartgard® (avermectin products line) benefited from a competitor supply issue in the U.S.

First-quarter sales of the Production Animals segment were €173 million, an increase of 2.8% driven by the performance of the swine business.


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