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Synlab : 2023 earnings: at the lower end of the guidance range
>2023 EBITDA margin: 16.6% (vs 16.5% at 9M) - This morning, Synlab reported its full-year results: FY 2023 sales came to € 2.64bn (-18% and +6.4% org. - cons: € 2,688m est.), adjusted EBITDA stood at € 438m (cons: € 462m est.), 16.6% of sales, EBIT at € 194.2m (cons: € 155m est.) and net profit was € 44m (cons: € 72m est.).FCF came to € 75m, meaning that net debt ended the year at € 1,341m (vs € 1,575m at end-2022).For 2024, Synlab is guiding on organic grow...
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SYNLAB AG
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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.
Christophe-Raphaël Ganet
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