Evotec AG increases its profitability guidance for 2016

HAMBURG, Germany--()--Evotec AG (Frankfurt Stock Exchange, Prime Standard, ISIN: DE0005664809, WKN 566480) today announced that, in the context of the half year results published on 10 August 2016, it increases its financial guidance for the current year.

The Company now expects adjusted Group EBITDA (before changes in considerations) to more than double (previously: positive and significant improved compared to last year (2015: EUR 8.7 m)) mainly as a result of an increased margin contribution and a positive outlook for the remainder of the year. All other elements of the Company's financial guidance as of 10 May 2016 are confirmed.

Language: English
Company: Evotec AG
Manfred Eigen Campus / Essener Bogen 7 22419 Hamburg Germany
Phone: +49 (0)40 560 81-0
Fax: +49 (0)40 560 81-222

E-mail: info@evotec.com

Internet: www.evotec.com

ISIN: DE0005664809

WKN: 566480
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX

Contacts

Dr Werner Lanthaler
Chief Executive Officer, Evotec AG
Phone: +49.(0)40.560 81-242
werner.lanthaler@evotec.com

Contacts

Dr Werner Lanthaler
Chief Executive Officer, Evotec AG
Phone: +49.(0)40.560 81-242
werner.lanthaler@evotec.com