Brief: Evotec Cuts FY Revenue Guidance

Evotec SE

21/07/2025 10:33

July 21 (Reuters) - EVOTEC SE EVTG.DE:

OUTLOOK FY ADJUSTED EBITDA EUR 30-50 MILLION

EXPECTS GROUP REVENUES €760–800M, DOWN FROM €840–880M

PRIMARY REASONS FOR REFINED GUIDANCE ARE A CHANGE IN REVENUE MIX AND SIGNIFICANT COST SAVINGS IN EXCESS OF INITIAL TARGETS SET DURING PRIORITY RESET

GROUP REVENUES WERE BELOW EXPECTATIONS IN H1 2025, WHILE ADJUSTED EBITDA WAS BROADLY IN LINE WITH EXPECTATIONS

ACTIONS ARE UNDERWAY TO TRANSFORM BUSINESS TOWARDS SUSTAINABLE PROFITABLE GROWTH

Source text: ID:nEQ3WrYpra

Further company coverage: EVTG.DE

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