Eurofins : No breaking news but management confident about 2020. The share price soared yesterday, here are the implications we expect. Neutral vs Buy
>Management confident about 2020 - Gilles Martin (CEO) discussed the group’s H1 performance during the conference call held yesterday at 3pm, but above all he set out its prospects for the rest of the year; the outlook seems rather bleak with respect to Covid-19, which is making a comeback or continuing to spread in various countries, and therefore favourable for Eurofins as the company generates sales from the virus theme with its related tests and services....Eurofins Scientific is an international life sciences company operating in food & pharmaceutical products testings. Co. provides analytical testing services to clients from various industries including pharmaceutical, food, and environmental sectors. Co. offers analytical methods for evaluating the authenticity, origin, safety, identity, composition, and purity of biological substances & products. Co. verifies authenticity of products analyzed to detect dangerous components (pathogens, prions, pesticides, asbestos, mycotoxins, dioxins, toxic substances, etc.). Co. operates in Benelux, France, Germany, North America, Scandinavia, British Isles (U.K. & Republic of Ireland), & other countries.
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.
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