Eurofins : Update (expected) to 2020 guidance thanks to COVID-related revenues but unsurprising. No update on 2021 guidance. Feedback from conference call
>Update to 2020 guidance. Welcome but unsurprising - Eurofins yesterday announced an update to its 2020 guidance and held a conference call. This update was expected, as the 2020 guidance was no longer credible in that it had not been reviewed despite the business related to COVID (we expect COVID-related business of € 625m for the year, including € 320m in Q4). The 2021 guidance has not been adjusted despite the fact that management is confident the COVID business wi...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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