Eurofins: quarterly sales up 21%

(CercleFinance.com) - At end-September, Eurofins Scientific's quarterly revenues increased by 21% to 1.
41 billion euros, from 1.16 billion euros last year.

9m sales reached 3.73 billion euros, up 12% y-o-y (from 3.33 billion euros).

For 2020/2021/2022, the group expects respective sales of 5 billion/5.45 billion/5.7 billion euros, with adjusted EBITDA of 1.1 billion/1.25 billion/1.35 billion euros.

Beyond 2022, the group expects to continue to grow organically by at least 5% per year, increasing its margins and cash flow.


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