Innovation And Product LaunchesThe Elanco story is changing for the better, as the company's new products have resonated quickly, leading to a faster growth rate and notable stock appreciation.
Market Position And Growth ExpectationsElanco's stock currently trades at a premium to Zoetis and is expected to grow faster in 2025 relative to the market leader, with significant margin expansion opportunities.
Revenue And Margin ExpansionRevenue contribution from the higher gross margin Innovation segment should remain robust, supporting both GM expansion and operating expense leverage.