Home » Economy » Biotechnology Equipment Manufacturer’s Surprising 2023 Results Warning: Decrease in Turnover and EBITDA Margin

Biotechnology Equipment Manufacturer’s Surprising 2023 Results Warning: Decrease in Turnover and EBITDA Margin

2023-06-25 12:00:01

The biotechnology equipment manufacturer took investors by surprise by issuing a warning on its 2023 results on the evening of June 16. It now expects a drop in turnover of 2% to 5%, once morest an increase of 2% to 4% previously. Its expected EBITDA margin, at the very high level of 35% posted in 2021 and 2022 (when the company was boosted by the production of vaccines once morest Covid), is reduced to 30%, a profitability close to 2019.

REDUCTION DES STOCKS

1687697346
#Heavy #warning #results

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.