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Eurofins Scientific SE

ERF: XPAR (FRA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
€67.00CjflvXnnbwtv

Eurofins Returning to Growth After a Challenging 2023

Business Strategy and Outlook

Luxembourg-based Eurofins is one of the world’s largest testing, inspection, and certification, or TIC companies, with a focus on sample-based bioanalytical tests. Eurofins has global leadership positions in food and feed, environmental, and pharmaceutical testing. By investing in internal expansion as well as external acquisitions, it builds out decentralized “hub-and-spoke” lab networks that offer comprehensive testing solutions and short turnaround times. Customer relationships are often long-lasting, especially with large multinational customers who require a lab partner with a strong reputation and track record, broad testing capabilities that are accredited across many territories, and innovative testing solutions.

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