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EurofinsScientific


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Eurofins reiterates plans to increase share buyback

UPDATE 1-Eurofins reiterates plans to increase share buyback Adds share buyback in paragraph 1, CEO comment in paragraphs 3-4, 11, analyst comment in paragraph 10, shares in paragraph 5 By Chiara Holzhaeuser July 24 (Reuters) - French laboratory testing company Eurofins Scientific EUFI.PA , whose shares fell sharply in June after a report by short seller Muddy Waters , will stick with plans to increase its ongoing share buyback programme.
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Eurofins Scientific increases profitability in H1

Eurofins Scientific increases profitability in H1 July 24 (Reuters) - French laboratory testing company Eurofins Scientific EUFI.PA reported on Wednesday half-year adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 757 million euros ($821.12 million), up 18.3%. Eurofins added that the increase in profitability was supported by pricing, volume growth, and cost measures, mentioning in particular personnel expenses, consumables and building costs.
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Eurofins H1 Free Cash Flow Increased 276% To EUR 279 Mln

BRIEF-Eurofins H1 Free Cash Flow Increased 276% To EUR 279 Mln July 24 (Reuters) - Eurofins Scientific SE EUFI.PA : EUROFINS DELIVERS NEW RECORD LEVEL OF REVENUES AND STRONG MARGINS AND CASH FLOW GROWTH IN H1 2024 EUROFINS SCIENTIFIC EUROFINS DOES NOT PROVIDE GUIDANCE ON FUTURE RESULTS FREE CASH FLOW TO FIRM INCREASED 276% FROM EUR 74M IN H1 2023 T
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France corporate earnings week ahead

DIARY-France corporate earnings week ahead July 19 (Reuters) - Diary of France (.FCHI) corporate earnings for the week ahead FRANCE EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 23-Jul-2024 AMC LVMH.PA LVMH Moet Hennessy Louis Vuitton SE Half Year 2024 LVMH Moet Hennessy Louis Vuitton SE Earnings Release 23-Jul-2024 BMO EDEN.PA Edenred SE Half Year 2024 Edenred SE Earnings Release 23-Jul-2024 05:00 TCFP.PA Thales SA Half Year 2024 Thales SA Earnings Release 24-Jul-2024 AMC CAR
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Top of the Street: Randstad, Credit Agricole, Shell, Eurofins, Veolia

BUZZ-Top of the Street: Randstad, Credit Agricole, Shell, Eurofins, Veolia A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley cuts Dutch recruitment agency Randstad RAND.AS to "equal-weight" from "overweight" as it sees a deteriorating staffing environment and a muted outlook over at least the next two quarters ** UBS raises Credit Agricole CAGR.PA to "buy" from "neutral" seeing the French bank as a good mix of fee earning businesses a NII su
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Bernstein starts Eurofins at 'market-perform'

BUZZ-Bernstein starts Eurofins at 'market-perform' ** Bernstein initiates Eurofins Scientific EUFI.PA with a "market-perform" rating, citing the ongoing saga with Muddy Waters after the short-seller questioned the French lab testing firm's financial statements ** "Lack of transparency damages what was meant to be a good year," Bernstein says, but i
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Genus, Nexans, Scor

EUROPE RESEARCH ROUNDUP-Genus, Nexans, Scor July 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Genus, Nexans and Scor, on Thursday. HIGHLIGHTS * Genus GNS.L : HSBC raises target price to 2600p from 2500p * Munters Group AB MTRS.ST : Jefferies raises target price to SEK 260 from SEK 255 * Nexans NEXS.PA : Berenberg raises target price to EUR 124 from EUR 112 * Scor SCOR.PA : Berenberg cuts to hold from buy; cuts target price to
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UK's CMA Launches Probe Into Eurofins / Cellmark Deal

BRIEF-UK's CMA Launches Probe Into Eurofins / Cellmark Deal July 18 (Reuters) - UK's CMA: COMPETITION AND MKTS - MERGER UPDATE: EUROFINS / CELLMARK UK'S CMA SAYS START OF CMA MERGER INVESTIGATION: ANTICIPATED ACQUISITION BY EUROFINS FORENSICS LUX HOLDING SARL (EUROFINS) OF DNACO LIMITED (CELLMARK) Source text for Eikon: ID:nRSR7889Wa
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 16 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. EUROFINS EUFI.PA The Luxembourg-based firm on Monday said it opposed the decision by its competitor SGS to call off a planned sale of its crop science unit.
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Eurofins Disputes Validity Of SGS Crop Science Divestment Termination

BRIEF-Eurofins Disputes Validity Of SGS Crop Science Divestment Termination July 15 (Reuters) - Eurofins Scientific SE EUFI.PA : SGS SAID DESPITE BOTH PARTIES' EFFORTS, NOT ALL CLOSING CONDITIONS WERE SATISFIED BY AGREED LONG STOP DATE AND THAT SGS DECIDED TO MAKE USE OF ITS RIGHT TO TERMINATE AGREEMENT (SOURCES THE COMMENT TO SGS) EUROFINS DISPUTE
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Eurofins to share more details on real estate programme in response to Muddy Waters

UPDATE 1-Eurofins to share more details on real estate programme in response to Muddy Waters Adds details, background July 11 (Reuters) - Lab testing firm Eurofins EUFI.PA said on Thursday it planned to share more information in due course about its real estate programme which had been questioned by short-seller Muddy Waters in its broader allegations against the company last month.
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Eurofins to share more details on real estate programme in response to Muddy Waters

Eurofins to share more details on real estate programme in response to Muddy Waters July 11 (Reuters) - Eurofins scientific EUFI.PA said on Thursday it plans to share in due course more information about its real estate programme which had been questioned by short-seller Muddy Waters in its broader allegations against the company last month. Report
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Eurofins Provides Further Refutations To Allegations By Muddy Waters

BRIEF-Eurofins Provides Further Refutations To Allegations By Muddy Waters July 5 (Reuters) - Eurofins Scientific SE EUFI.PA : EUROFINS PROVIDES FURTHER REFUTATIONS TO ANOTHER SET OF BASELESS ALLEGATIONS AND MISLEADING INFORMATION SPREAD BY MUDDY WATERS Source text for Workspace: ID:nBw7TbjQza Further company coverage: EUFI.PA (Gdansk Newsroom)
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European shares rise as Fed rate cut bets firm; focus on elections

UPDATE 2-European shares rise as Fed rate cut bets firm; focus on elections For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.7%, miners lead gains Bpost falls to record low on lower-than-expected guidance UK's JD Sports top loser on FTSE 100 on Barclays downgrade Updated at 1600 GMT By Sruthi Shankar, Jesus Calero and Shristi Achar A July 3 (Reuters) - European shares rose on Wednesday, as dovish comments from Federal Reser
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The grass is greener today in Europe

LIVE MARKETS-The grass is greener today in Europe STOXX 600 opens with decent gains Paris, Milan bourses outperform Miners, defence, pharma in focus Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com THE GRASS IS GREENER TODAY IN EUROPE As expected, the stock market has got off to a strong start, with Milan's FTSE MIB .FTMIB and Paris' CAC 40 .FCHI leading the charge higher in Europ
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Adyen, AstraZeneca, Auto Trader

EUROPE RESEARCH ROUNDUP-Adyen, AstraZeneca, Auto Trader July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen, AstraZeneca and Auto Trader, on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 1,695 from EUR 1,821 * AstraZeneca AZN.L : Jefferies raises target price to 11,700p from 11,300p * Auto Trader AUTOA.L : Jefferies raises target price to 935p from 830p * Halma HLMA.L : HSBC raises target pri
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European shares fall as Airbus leads aerospace sell-off

UPDATE 2-European shares fall as Airbus leads aerospace sell-off For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Airbus tumbles on profit warning Industrials lead sell-off Novo Nordisk hits record high after Wegovy gets China approval STOXX 600 down 0.2% Updated at 1600 GMT By Jesus Calero, Shashwat Chauhan and Shristi Achar A June 25 (Reuters) - European shares declined on Tuesday as Airbus tumbled after a profit warning and sparked an
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch June 25 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. WENDEL MWDP.PA The company said it was in discussions with Safran to acquire Preligens, a leader in artificial intelligence for aerospace and defense.
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Eurofins denies short seller Muddy Waters' allegations after share fall

UPDATE 2-Eurofins denies short seller Muddy Waters' allegations after share fall Shares fell as much as 25% on Monday after short seller's report Says claims are "inaccurate, irrelevant, biased and/or misleading" Shares up 4.7% in early trade Adds detail from Eurofins response June 25 (Reuters) - Lab testing firm Eurofins EUFI.PA on Tuesday rejected allegations made a day earlier by short seller Muddy Waters which questioned its financial reporting and hit its shares, saying it was confident in
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Eurofins denies short seller allegations after share slump

Eurofins denies short seller allegations after share slump June 25 (Reuters) - Eurofins EUFI.PA on Tuesday denied allegations of financial wrongdoing made by short seller Muddy Waters that had sent its shares down around 20% on Monday, adding it would provide a detailed list on the facts raised in the report 'in due course'. "It is Eurofins' view that entirety of allegations and insinuations contained therein is either inaccurate, irrelevant, biased and/or misleading," the lab testing firm said
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