Report
Eurofins : H1 2018: on track with the guidance – Potential change after 2020?
>A satisfactory first half - the CEO reaffirms the guidance - H1 figures came in slightly ahead of our forecasts. We thought that capex and certain acquisitions would weigh more heavily on margins.We note: 1/ the return to more ‘normal’ organic growth in Q2 (+5.6%e vs 4% in Q1, due notably to a calendar effect); 2/ a 50bp gain at the level of the adjusted EBITDA margin; and 3/ € 32m in non-recurring charges (+€ 60m est. for FY 2018).The guidance was reaffirm...
Underlying
Eurofins Cerep
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.