Record Turnover For Arqana in 2014

RECORD TURNOVER FOR ARQANA IN 2014 
Arqana has posted increases in most areas annually since it was formed in 2006, and this year was another landmark one for France’s flagship sales company. Arqana’s 10 sales posted a record turnover of €119,945,600, with the 80.8% sold and average of €45,384 also records. 

Arqana’s yearling market was especially dynamic, with 1079 yearlings changing hands at four sales (including National Hunt) for €62,492,200 (up 15.5% from 2013), an average of €57,917 (up 6.8%) and a clearance rate of 81.1%. 

The Arqana August Yearling Sale, which was tightened to three days for the second year, produced’s the company’s most expensive transaction for the year when a filly by Monsun (Ger) commanded €1.2 million (click here for TDN sale report). The August Sale was supported by the second renewal of the v.2 sale, which posted a clearance rate of just under 93%. 

Arqana’s May Breeze Up sale posted a record average (€76,067) and median (€55,000); the horses-in-training market saw sharp increases in average and turnover with fewer horses offered from last year and the December Breeding Stock Sale posted record figures for the third consecutive year. 

“We have had an extraordinary year in every respect,” said Arqana Chairman Eric Hoyeau. “Horses presented at our sales over the last few years have impressed on the track, winning 11 Group 1s on the flat, 59 group races and 124 stakes races. These magnificent successes underline the quality of French breeding and more generally the trust placed in us by French breeders by entrusting us with their best representatives throughout the year. Thanks to 
this, the French market has reached its highest level ever. Just before the creation of Arqana in August 
2006, the market was worth about €50 million–it now amounts to €120 million. This is the spectacular 
result of the dynamics which Arqana and its vendors have created together for now eight years.”