Company IDEXX Laboratories, Inc.

Equities

IDXX

US45168D1046

Medical Equipment, Supplies & Distribution

Real-time Estimate Cboe BZX Other stock markets 14:42:46 30/04/2024 BST			5-day change	1st Jan Change
500.4 ^USD	-0.98%		+5.37%	-8.96%

04-01	Elanco Animal Health Appoints Two Ancora Holdings' Nominees to Board	MT
04-01	Elanco appoints two directors after settling with activist Ancora	RE

Business Summary

IDEXX Laboratories, Inc. is a world leader in the design, development and marketing of diagnostic test instruments for animal health monitoring and analysis of dairy products and water. Net sales break down by area of application as follows:

- veterinary diagnoses for pets (91.6%);

- water quality analysis (4.6%);

- veterinary diagnoses for livestock and poultry (3.3%): solutions that help detect infectious diseases in ruminants, pigs, poultry and horses. The group also offers test solutions for dairy products;

- other (0.5%).

Net sales by source of income break down between product sales (57.1%) and services (42.9%).

Net sales are distributed geographically as follows: the United States (65.3%), Canada (4.1%), Americas (2.3%), Germany (4.1%), the United Kingdom (3.3%), France (2.7%), Italy (1.5%), Spain (1.4%), Switzerland (0.9%), the Netherlands (0.8%), Europe/Middle East/Africa (4.8%), Australia (2.6%), Japan (2.1%), China (1.2%) and Asia/Pacific (2.9%).

Number of employees: 11,000

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Companion Animal Group 91.6 %	3,059	90.8 %	3,352	91.6 %	+9.60%
Water 4.6 %	156	4.6 %	168	4.6 %	+7.98%
Livestock, Poultry and Dairy 3.3 %	123	3.6 %	122	3.3 %	-0.77%
Other 0.5 %	30	0.9 %	19	0.5 %	-37.79%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
United States 65.3 %	2,183	64.8 %	2,391	65.3 %	+9.55%
Other Europe, the Middle East and Africa 4.8 %	162	4.8 %	176	4.8 %	+9.17%
Canada 4.1 %	143	4.2 %	150	4.1 %	+5.16%
Germany 4.1 %	138	4.1 %	150	4.1 %	+8.64%
United Kingdom 3.3 %	110	3.3 %	122	3.3 %	+10.28%
Other Asia Pacific Region 2.8 %	96	2.9 %	104	2.8 %	+8.12%
France 2.6 %	84	2.5 %	97	2.6 %	+14.58%
Australia 2.6 %	96	2.9 %	95	2.6 %	-0.98%
Latin America & Caribbean 2.3 %	75	2.2 %	84	2.3 %	+11.85%
Japan 2.1 %	78	2.3 %	76	2.1 %	-2.69%
Italy 1.5 %	48	1.4 %	54	1.5 %	+11.61%
Spain 1.4 %	47	1.4 %	52	1.4 %	+11.39%
China 1.2 %	49	1.5 %	44	1.2 %	-10.21%
Switzerland 1.0 %	31	0.9 %	35	1.0 %	+13.65%
Netherlands 0.8 %	27	0.8 %	31	0.8 %	+13.49%

Managers

Managers	Title	Age	Since
Jonathan Mazelsky CEO	Chief Executive Officer	63	31/07/12
Brian McKeon DFI	Director of Finance/CFO	61	30/06/03
John Hart COO	Chief Operating Officer	-	31/12/07
Martin Smith CTO	Chief Tech/Sci/R&D Officer	56	31/07/21
Murthy Yerramilli CTO	Chief Tech/Sci/R&D Officer	-	31/12/19
Ken Grady CTO	Chief Tech/Sci/R&D Officer	-	31/01/16
Jonathan Ayers BRD	Director/Board Member	68	31/12/01
John Ravis IRC	Investor Relations Contact	-	-
Michael Erickson PRN	Corporate Officer/Principal	50	30/09/11
Tina Hunt PRN	Corporate Officer/Principal	56	28/02/06

Members of the board

Members of the board	Title	Age	Since
Daniel Junius BRD	Director/Board Member	71	10/03/14
M. Szostak BRD	Director/Board Member	73	15/07/12
Lawrence Kingsley CHM	Chairman	61	18/10/16
Bruce Claflin BRD	Director/Board Member	72	13/07/15
Stuart Essig BRD	Director/Board Member	62	11/07/17
Jonathan Ayers BRD	Director/Board Member	68	31/12/01
Brian McKeon DFI	Director of Finance/CFO	61	30/06/03
Sophie Vandebroek BRD	Director/Board Member	62	14/07/13
Jonathan Mazelsky CEO	Chief Executive Officer	63	31/07/12
Sam Samad BRD	Director/Board Member	54	15/07/19

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	107,528,119	82,284,621 ( 76.52 %)	24,474,000 ( 22.76 %)	76.52 %

Shareholders

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 10.08 %	8,377,667	10.08 %	4 523 M $
BlackRock Advisors LLC 8.350 %	6,938,177	8.350 %	3 746 M $
STATE STREET CORPORATION 4.546 %	3,776,949	4.546 %	2 039 M $
AllianceBernstein LP 3.726 %	3,095,547	3.726 %	1 671 M $
Fundsmith LLP 3.284 %	2,728,917	3.284 %	1 473 M $
BAMCO, Inc. 2.768 %	2,300,017	2.768 %	1 242 M $
Geode Capital Management LLC 2.533 %	2,104,258	2.533 %	1 136 M $
BlackRock Life Ltd. 2.183 %	1,813,452	2.183 %	979 M $
Fiduciary Trust Company International 1.695 %	1,408,350	1.695 %	760 M $
Invesco Advisers, Inc. 1.597 %	1,326,593	1.597 %	716 M $

Company contact information

IDEXX Laboratories, Inc.

One IDEXX Drive

04092-2040, Westbrook

+207 556 0300

http://www.idexx.com

Group companies

Name	Category and Sector
IDEXX Europe BV IDEXX Europe BV Medical SpecialtiesHealth Technology IDEXX Europe BV provides veterinary diagnostics and information technology solutions for animal health. The firm offers equine health, livestock and poultry diagnostics, dairy testing and water testing solutions. The company is headquartered in Hoofddorp, the Netherlands.	Medical Specialties
IDEXX Laboratories Pty Ltd. IDEXX Laboratories Pty Ltd. Medical/Nursing ServicesHealth Services Part of IDEXX Laboratories, Inc., IDEXX Laboratories Pty Ltd. operates diagnostic imaging centers for animals. The private company is based in Rydalmere, Australia.	Medical/Nursing Services
IDEXX Laboratories Canada Corp. IDEXX Laboratories Canada Corp. Pharmaceuticals: MajorHealth Technology Part of IDEXX Laboratories, Inc., IDEXX Laboratories Canada Corp. is a Canadian company. The private company is located in Canada.	Pharmaceuticals: Major
IDEXX Laboratories KK IDEXX Laboratories KK Agricultural Commodities/MillingProcess Industries Part of IDEXX Laboratories, Inc., IDEXX Laboratories KK is a Japanese company that offers veterinary services. The private company is based in Mitaka-shi, Japan.	Agricultural Commodities/Milling