other material
confidence high
sentiment negative
materiality 0.40
IDEXX to wind down Russian subsidiary, end direct operations
IDEXX LABORATORIES INC /DE
- Revenue from Russia represented less than 1% of total 2021 consolidated revenue.
- No manufacturing or significant supply arrangements in Russia.
- Wind-down includes liquidation of the sole Russian subsidiary and direct operations.
- Company providing transition support to impacted Russian employees.
- Limited products for human or animal health will continue via third-party distributors.