Euroapi: improved core EBITDA margin in the 1st half

( – Euroapi publishes for the first half of 2022 a net result of 16.7 million euros and a restated core EBITDA margin improved by 1.3 points to 14.5%, increased volumes allowing a better absorption of structural costs and a better product mix.

Its turnover increased by 10.1% to 483.8 million euros, driven by the positive contribution of the API Solutions activity (+6.5%) and the solid performance of the CDMO activity (+ 22.2%) linked to the strong dynamics of large molecules.

Euroapi confirms its forecasts of a turnover of around one billion euros and a core EBITDA margin greater than or equal to 14% for the year 2022, and updates that of the investment ratio to around 14 % of turnover (against around 12%).

Copyright © 2022 All rights reserved.

Did you like this article ? Share it with your friends with the buttons below.




Source link -85