Evotec SE

EVT: XETR (DEU)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
LOCK|@RR?@TLOCK|^kTLOCK|>k<#YK

Evotec Earnings: Solid Results Amid Market Softness; Biologics Segment Remains a Key Growth Driver

No-moat Evotec reported solid first-quarter results despite ongoing softness in the drug discovery market. Group revenue declined 4% year over year to EUR 200 million, in line with our expectations. We are maintaining our fair value estimates of EUR 8.50 and $4.82 per share, with shares currently trading in 3-star territory.

Sponsor Center