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Eurofins Scientific SE (EUFI.PA)

EUFI.PA on Paris Stock Exchange

422.00EUR
12 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Eurofins Raises 2020 Revenue Target To 5 Billion Euros
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - EUROFINS SCIENTIFIC SE ::EUROFINS POSTS STRONG REVENUE GROWTH IN Q3 2018 (EUR 955M, +30.6% YOY INCLUDING OVER 5% ORGANIC GROWTH) AND RAISES ITS OBJECTIVES FOR 2019-2020 – REVENUES OBJECTIVE FOR 2020 NOW SET AT EUR 5BN.STRONG REVENUE GROWTH IN Q3 2018 (EUR 955M, +30.6% YOY INCLUDING OVER 5% ORGANIC GROWTH).ACQUISITIONS SIGNED AND/OR CLOSED YEAR-TO-DATE REPRESENT CA. EUR 700M OF TOTAL ANNUALIZED REVENUES.IN 2019 AND 2020 M&A SHOULD REVERT TO EUR 200M ANNUAL REVENUES OBJECTIVE.ALSO SETTING A EUR 1BN ADJUSTED EBITDA OBJECTIVE FOR 2020.BEYOND 2020 CAPEX SHOULD REDUCE SIGNIFICANTLY AS PERCENTAGE OF REVENUES AND CASH FLOW SHOULD EXPAND FURTHER.  Full Article

Eurofins H1 Adjusted Net Profit Up At 155.9 Million Euros
Tuesday, 31 Jul 2018 

July 31 (Reuters) - EUROFINS SCIENTIFIC SE ::EUROFINS DELIVERS STRONG REVENUE, PROFITABILITY AND CASH FLOW GROWTH IN H1 2018.FIRST HALF OF YEAR REVENUES GREW 24.8% TO REACH EUR 1,743M IN H1 2018.IN Q2 2018 AND LAST FEW QUARTERS EUROFINS CONTINUED TO MAKE SIGNIFICANT PROGRESS TOWARDS ITS LONG TERM OBJECTIVES.EBITDA(3) GREW 31.4% IN H1 2018 TO EUR 288M.NET DEBT AT END OF JUNE 2018 STOOD AT EUR 1,639M.OUTLOOK: MANAGEMENT REMAINS CONFIDENT OF ACHIEVING ITS RECENTLY UPGRADED REVENUE OBJECTIVES.H1 ADJUSTED NET PROFIT EUR 155.9 MILLION VERSUS EUR 114.2 MILLION YEAR AGO.  Full Article

Eurofins Announces Issuance Of A New 550 Million Euros Schuldschein Loan
Monday, 30 Jul 2018 

July 30 (Reuters) - Eurofins Scientific SE ::EUROFINS ANNOUNCES THE SUCCESSFUL ISSUANCE OF A NEW EUR 550M SCHULDSCHEIN LOAN.BLENDED INTEREST RATE OF 1.38%* WITH AN AVERAGE MATURITY OF 5 YEARS..THAT IT HAS SUCCESSFULLY ISSUED A EUR 550M SCHULDSCHEIN LOAN ("CERTIFICATE OF INDEBTEDNESS") OFFERING A BLENDED INTEREST RATE OF 1.38%* WITH AN AVERAGE MATURITY OF 5 YEARS..SCHULDSCHEIN ISSUE WAS SUBSCRIBED BY MORE THAN 30 EUROPEAN AND ASIAN BANKS AND FINANCIAL AGENCIES IN TOTAL.SAYS EUROFINS' AVERAGE COST OF FINANCING WILL FURTHER DECREASE, AND MAJORITY OF OUR DEBT INSTRUMENTS NOW BEAR LOW INTEREST RATES FOR LONG MATURITIES.SCHULDSCHEIN LOAN WAS STRUCTURED IN TRANCHES WITH MATURITIES OF 4 AND 7 YEARS, WITH BOTH FIXED AND FLOATING INTEREST RATES.  Full Article

Eurofins Expands Its Footprint In Asia With Acquisition Of Lab Frontier In South Korea
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Eurofins Scientific SE ::EUROFINS EXPANDS ITS FOOTPRINT IN ASIA WITH THE ACQUISITION OF LAB FRONTIER IN SOUTH KOREA.LAB FRONTIER EMPLOYS 40 STAFF AND GENERATED REVENUES CLOSE TO EUR 3M IN 2017..  Full Article

Eurofins Scientific Upgrades 2018 Objectives
Tuesday, 6 Mar 2018 

March 6 (Reuters) - EUROFINS SCIENTIFIC SE ::FY ADJUSTED REVENUES EUR 2.97‍​ BILLION VERSUS EUR 2.54 BILLION YEAR AGO.FY ADJUSTED EBITDA EUR 557 MILLION VERSUS EUR 479.6 MILLION YEAR AGO.FY NET PROFIT EUR 217 MILLION VERSUS EUR 174 MILLION YEAR AGO.OUTLOOK: INCREASING ITS 2018 REVENUE OBJECTIVE TO EUR 3.7 BILLION.OUTLOOK: SETTING EUR 700 MILLION ADJUSTED EBITDA OBJECTIVE FOR 2018 (AT 2017 CURRENCY EXCHANGE RATES).SEES 20% ADJUSTED EBITDA MARGIN OBJECTIVE BY 2020‍​.EXCEEDED 2017 OBJECTIVES OF DELIVERING REPORTED REVENUES IN EXCESS OF EUR 2.9 BILLION AND EUR 3.35 BILLION ON PRO-FORMA BASIS.CONFIDENT OF ACHIEVING RECENTLY-UPGRADED MID-TERM OBJECTIVE OF DELIVERING EUR 4 BILLION REVENUES BY 2019 .DIVIDENDS RAISED BY 20 PERCENT TO EUR 2.40 PER SHARE IN 2017.TO CONTINUE TO FUND GROWTH OPPORTUNITIES ABOVE AND BEYOND EUR 4 BILLION REVENUES OBJECTIVE FOR 2019.  Full Article

Eurofins Acquires NMDL-LCPL In The Netherlands
Monday, 26 Feb 2018 

Feb 26 (Reuters) - EUROFINS SCIENTIFIC SE ::EUROFINS FURTHER EXPANDS ITS SPECIALTY CLINICAL DIAGNOSTICS FOOTPRINT WITH THE ACQUISITION OF NMDL-LCPL IN THE NETHERLANDS.  Full Article

Eurofins Acquires ELS And City Analysts
Friday, 23 Feb 2018 

Feb 23 (Reuters) - EUROFINS SCIENTIFIC SE ::ACQUIRES ELS AND CITY ANALYSTS.  Full Article

Eurofins North America Food Division Announces Successful Purchase Of Craft Technologies
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - EUROFINS NORTH AMERICA FOOD DIVISION::EUROFINS NORTH AMERICA FOOD DIVISION ANNOUNCES SUCCESSFUL PURCHASE OF CRAFT TECHNOLOGIES, INC.  Full Article

Eurofins Acquires Tsing Hua In Taiwan
Monday, 15 Jan 2018 

Jan 15 (Reuters) - EUROFINS SCIENTIFIC SE ::EUROFINS EXPANDS ITS FOOTPRINT IN ASIA WITH THE ACQUISITION OF TSING HUA IN TAIWAN.  Full Article

Eurofins Acquires Pasteur Group in Brazil
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - EUROFINS SCIENTIFIC SE ::EUROFINS TO ENTER THE CLINICAL DIAGNOSTICS MARKET IN BRAZIL WITH THE ACQUISITION OF PASTEUR GROUP.  Full Article

Eurofins Scientific raises outlook after acquisitions, third-quarter growth

Luxembourg-based food and biopharma product testing firm Eurofins Scientific raised its earnings expectations for 2019 and 2020 for the second time this year on Tuesday following acquisitions and a strong third quarter.