08.10.16
Evotec
2Q Revenues: €38.0 million (+14%)
2Q Earnings: €3.9 million (-73%)
YTD Revenues: €75.5 million (+37%)
YTD Earnings: €2.7 million (-80%)
Comments: Growth was driven by the EVT Execute business (up 35% to €79.8 million), the contribution of the Sanofi collaboration as well as milestone achievements. R&D expenses for the first half increased 6% to €9.0 million. Results include one-time effects with regards to the bargain purchase resulting from the acquisition of Evotec (France) SAS in 2015.
2Q Revenues: €38.0 million (+14%)
2Q Earnings: €3.9 million (-73%)
YTD Revenues: €75.5 million (+37%)
YTD Earnings: €2.7 million (-80%)
Comments: Growth was driven by the EVT Execute business (up 35% to €79.8 million), the contribution of the Sanofi collaboration as well as milestone achievements. R&D expenses for the first half increased 6% to €9.0 million. Results include one-time effects with regards to the bargain purchase resulting from the acquisition of Evotec (France) SAS in 2015.