Evotec drops after Q1 miss

Evotec SE

06/05/2025 07:55

** Shares in Evotec EVTG.DE are down around 7% in early Frankfurt trade after the German biotech company reported worse than expected Q1 results

** "Numbers below expectations," a local trader says, adding though the 2025 outlook was confirmed

** The stock, down 9% YTD, is at the bottom of the German mid-cap index .MDAX

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))