[VETOQUINOL] H1 2019 RESULTS

Working capital 2019 H1 Results 14 €m 6/30/2019 12/31/2018 6/30/2018 Inventories 92.7 77.2 78.8 Trade and other receivables 79.9 73.8 71.1 Trade and other payables (72.2) (74.5) (68.5) Other net working capital 1.5 3.2 3.6 Working capital 102.0 79.7 85.1 6/30/2019 12/31/2018 6/30/2018 In number of days (by due date) 91.0 74.3 85.3

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