Report
Christophe-Raphaël Ganet

Guerbet : Q3 2024 revenues below our expectations, guidance confirmed

>Q3 2024 revenues: +3.1% - Q3 revenues stood at € 201.3m, up 3.1% (+5.4% cc). 9M revenues came in at € 620.5m (+8.1%, +9.6% cc). By region, over 9 months EMEA posted growth of +1.2% (+1.0% cc.), APAC was up 6.6% (+10.3% cc.) and the Americas were up 20.7% (+22.9% cc.). By segment, X-rays were up 11.2% (+13.1% cc.), MRI was up 2.4% (+3.1% cc.) and IRT up 9.9% (+11.3% cc.).Management confirmed its 2024 guidance, i.e. growth of over 9% LFL. (vs >8% previously), an a...
Underlying
Guerbet SA

Guerbet is a French pharmaceutical group that develops, markets, and provides maintenance services for medical equipment and devices destined for diagnostic and interventional imaging. Co.'s portfolio comprises media solutions covering MRI, X-rays and products devoted to International Radiology and Theranostics and medical devices. Co. organizes its operation by product family covering Magnetic Resonance Imaging (MRI), X-rays (XR) and Interventional Radiology and Theranostics (IRT). The MRI family includes Dotarem® and Artirem®; Co.'s X-ray product family includes Xenetix®, Optiray®/Optiject®, Oxilan®, and Telebrix®; and the IRT product family has Lipiodol®, Bleu Patente V and Hexabrix®.

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.

Analysts
Christophe-Raphaël Ganet

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch