Professional
Added to YB: 2024-08-01
Pitch date: 2024-07-16
ERF.PA [bullish]
Eurofins Scientific SE
+22.8%
current return
Author Info
No bio for this author
Company Info
Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide.
Market Cap
EUR 10.0B
Pitch Price
EUR 46.97
Price Target
N/A
Dividend
1.06%
EV/EBITDA
8.43
P/E
28.59
EV/Sales
1.88
Sector
Life Sciences Tools and Services
Category
turnaround
Eurofins Scientific SE - ERF.PA
ERF.PA: Lab testing co. hit by short report (-25% value). Criticism of CEO's property leases to co., but disclosed. Strong 25-yr performance pre-report. Short report misidentified peer group, questioning productivity. Q2 results expected: healthy volumes, stronger margins, big buyback. French diagnostic biz faced pricing pressure recently.
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