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Idexx reports revenues for final quarter of 2009

Posted on 01/02/2010 in Animal Health Supplier News

Idexx, a supplier of animal health products, has reported its financial results for the fourth quarter of 2009.

The statistics reveal that the firm's revenues rose by 11 per cent to $270.3 million (169.7 million pounds) - growing from the $243.3 million reported during the same timeframe in 2008.

Organic growth of six per cent was considered by the firm to be a result of increased sales volumes in the Idexx VetLab and laboratory and consulting services product lines.

The Catalyst Dx chemistry analyser, as well as the firm's instrument consumables, also experienced a growth in sales

"As we look to 2010, we remain confident in our growth strategies due to the fundamental attractiveness of our markets, our unique and innovative product and service offering and our global footprint," commented Jonathan Ayers, chairman and chief executive officer of the organisation.

Last month, Idexx announced the introduction of its Cornerstone Practice Management Software Version 8.0 - a system that allows for the easier recording of detailed medical notes.

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