Report

Evotec AG : Strong H1 2018 results with adj. EBITDA 12.5% above consensus

>Both the Execute and Innovate segments contributed to a strong H1 2018 performance - Evotec posted very strong H1 2018 results today (09 Aug) with group revenue of € 173.8m (+67% yoy) beating market expectations by 8% (cons.: € 160.7m; Oddo BHFe: € 162.2m). The strong revenue performance was driven by i/ Aptuit’s contribution; ii/ a strong base business; iii/ milestone payments, and iv/ the signing of new partnerships. The beat was even stronger on the group adj. EB...
Underlying
Evotec AG ADS

Provider
Oddo BHF
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.

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