Zoetis Inc (XTER:ZOE)
€ 161.04 -7.48 (-4.47%) Market Cap: 72.99 Bil Enterprise Value: 77.63 Bil PE Ratio: 34.28 PB Ratio: 15.16 GF Score: 96/100

Zoetis Inc at Piper Sandler Healthcare Conference Transcript

Nov 28, 2023 / 06:00PM GMT
Release Date Price: €161.65 (-1.79%)
David Michael Westenberg
Piper Sandler & Co., Research Division - MD & Senior Research Analyst

Thank you. I'm here with Zoetis. Wetteny Joseph, the CFO. So let's kick this off.

Questions & Answers

David Michael Westenberg
Piper Sandler & Co., Research Division - MD & Senior Research Analyst

Let's get started on industry. How should investors think about long-term trends in veterinary medicine and production animal? Should the slow visits in 2022 and 2023 concern investors at all in the near and longer term?

Wetteny N. Joseph
Zoetis Inc. - Executive VP & CFO

Look, when I think about the industry long term, we've seen some really strong tailwinds that are really circular growth trends that we expect to continue long term, the prioritization and value on pet health and seeing the pet as a member of the family. And we've seen studies like the Human Animal Bond Research Institute did about 1.5 years ago, 13,000 pet owners, and essentially, they see their pet as a member of their family,

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