Sixth Straight Quarter of Revenue Growth
Elanco reported its sixth consecutive quarter of revenue growth, with a 4% increase on an organic constant currency basis for Q4 2024.
Successful Innovation Portfolio
Elanco exceeded its 2024 innovation revenue target, achieving $461 million versus the target of $420 million to $450 million, and increased their expectation for 2025 to $640 million to $720 million.
Debt Reduction
Elanco paid down approximately 25% of its debt in 2024, reducing net leverage to 4.3 times from 5.6 times at the start of the year.
Positive Pet Health Segment Performance
International pet health grew 11% in constant currency, driven by AdTab and Seresto, while U.S. pet health grew 2% with positive contributions from Zenrelia.
Experior Reaches Blockbuster Status
Experior became the first farm animal blockbuster in over a decade, showing strong growth supported by FDA Combo clearance for use in heifers.