Spread Research - SYNLAB- 4Q17 - Strong MA activity weighed on margins

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Spread Research

Remi Ramadou

EUR 200.00 For Business Accounts Only

SYNLAB- 4Q17 - Strong M&A activity weighed on margins

Synlab, the German clinical test laboratory, released disappointing 4Q17 results marked by a deterioration in profitability. Q4 sales were up 18% yoy to €484m, while organic growth stood at +3.2%. Organic revenue was mainly driven by good sales volume in Germany and France (45% of group sales) in a stable pricing environment, which more than compensated for declining sales in Belgium, Spain and Czech Republic.

06/04/2018 2 EN

Provider

Spread Research

Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

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Analysts

Remi Ramadou

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SYNLAB- 4Q17 - Strong M&A activity weighed on margins

Gamenet 2q18 - sport payout change offsets regulation impact, goldbet to boost profitability

INTRALOT- Special Comment

IQVIA- 2Q18 Comments

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