Record Annual Turnover For Arqana

Arqana wrapped up its sale season with its December Breeding Stock Sale last week, and the company posted new records for turnover, average and top price for its combined sales in 2015. Total turnover for the company was up 3.2% to €123.7 million, while the overall average was up 6% to €47,417. The top lot of the company's flagship sale, the August Yearling Sale–the €2.6 million son of Dubawi–also marked a new record for Arqana.

“2015 was an exceptional year for Arqana and it is very rewarding to end the year with a record annual turnover of €123.7 million, a figure which is up by 3.2% compared to 2014,” said Arqana Chairman Eric Hoyeau. “These results are the result

of the tireless work put in by our team and by the FRBC and above all show the growing confidence our vendors and buyers have in us in each segment of the market. These results also show the strength of the Arqana model, which relies on two essential factors: the international influence of the Deauville sales, in particular the August, December and Arc sales, and the strength in depth of our domestic market.”

Arqana's four yearling sales posted turnover of €65,011,500 (including private sales), with the August sale posting the greatest increase of those four at 8%, and also posting a record average (€163,292) and median (€95,000). The flat-bred breeze-up market also showed strength, with the Arqana Breeze-Up sale saw a record €8,203,000 turnover (up 21%). The horses-in-training market returned results that showed demand for high-potential lots but more uneven demand for lesser offerings. Arqana also enjoyed success this year with its new online platform, which was launched in the second half of the year.

“Though there were signs of a more selective demand this year, which should incite us to take even better care of our selection work, we approach 2016 with confidence,” Hoyeau continued. “The forthcoming season will see more innovations, including organizing the Breeze-Up sale in Deauville for the first time during the prestigious French Guineas weekend, and organizing the Arc Sale in Chantilly. 2016 will also see the 10th anniversary of the creation of Arqana. Since 2006 an incredible journey has been accomplished; nonetheless, this anniversary will only be a stepping stone, as we are more than ever driven by the desire to continue to develop our sales for the next 10 years.”