International Companies

Evotec tumbles after profit warning

By Michele Maatouk

Date: Wednesday 07 Aug 2024

(Sharecast News) - Evotec tumbled on Wednesday after the German biotech firm warned on profits.
In a press release late on Tuesday, Evotec cut its FY2024 guidance for adjusted earnings before interest, tax, depreciation and amortisation to between €15m and €35m.

Revenues are expected to be between €790m and €820m,...

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