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Synlab : Do medical labs pass the French test?
The medical lab sector is a resilient one (positive volume dynamics, barriers to entry, low capex) that could allow for higher leverage levels. But the medical lab groups are currently facing headwinds such as price pressure in the routine lab business in France, higher interest rates, lower activity levels in the Research business for Cerba and cyberattacks that affected Synlab’s Italian and UK units. In this sector study we review these developments and the efficiency initiativ...
Underlying
SYNLAB AG
Provider
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.
Pierre François Merveille
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