BioMerieux SA
BIM: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| f$ | LOCK|?Q>v | LOCK|h%kX>Tq |
BioMérieux Earnings: Macro Uncertainty Freezes Customer Capital Spending; Fair Value Lowered by 10%
BioMérieux posted negative 3.9% organic sales and negative 10.4% reported sales in the first quarter, hit heavily by currency headwinds. Full-year guidance for both sales and contributive EBIT was lowered. Shares are trading 13% lower.
