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Eurobio Scientific: 2025 FY revenue
Globenewswire· 2026-01-27 16:45
FISCAL YEAR 2025, CONFIRMATION OF STRATEGIC TRANSFORMATION 9% increase in annual revenue to €168 millionDeployment of the Group's strategy: Proprietary products: 35% of revenueInternationalization: 42% of revenue generated outside France Strengthening of activities in Italy with the acquisition of Quimark and the assets of the Life Sciences unit of Voden Medical Instruments Spa Paris, January 27, 2026 - 5:40 p.m. - Eurobio Scientific (FR0013240934, ALERS), a leading French group in in vitro medical diagnos ...
EUROBIO SCIENTIFIC: REPLACEMENT OF A STATUTORY AUDITOR
Globenewswire· 2025-12-22 17:00
REPLACEMENT OF A STATUTORY AUDITOR Paris, December 22, 2025 – 6:00 pm Eurobio Scientific (FR0013240934, ALERS), a leading French group in in vitro medical diagnostics and life sciences, announces the replacement of one of its statutory auditors, Endrix LYO, by RSM France, which was selected following a competitive selection process This replacement follows the resignation of Endrix LYO on December 18, 2025, motivated by the acquisition of a stake in its capital by IK Partners 1, which is also an indirect sh ...
EUROBIO SCIENTIFIC: RESULTS FOR THE FIRST SEMESTER OF FISCAL YEAR 2025
Globenewswire· 2025-09-24 15:40
Core Insights - Eurobio Scientific reported consolidated results for the first half of fiscal year 2025, showing a revenue increase of 10.4% compared to the same period in 2024, driven by recent acquisitions and a higher share of proprietary products [2][5][7]. Financial Performance - Revenue reached €81.2 million, up from €73.5 million in the first half of 2024, with a comparable growth of €4.5 million (+6.1%) when excluding acquisitions [4][5]. - Adjusted gross margin improved by 14% to €38.2 million, reflecting a gross margin of 47.4%, up from 45.6% in the previous year [4][10]. - EBITDA decreased to €13.2 million from €13.9 million year-over-year, while operating income fell to €10.3 million from €11.2 million [12]. - Net income dropped by 40% to €2.4 million compared to €4 million in the first half of 2024 [13]. Cost Structure - Cost of goods sold increased by 8% to €43 million, while research and development expenses decreased by 27% to €2.1 million [4][11]. - Sales and marketing expenses surged by 52% to €18.1 million, attributed to strengthening sales teams and scope effects from acquisitions [4][11]. - General and administrative expenses remained stable at €7.7 million, including costs related to the transfer of production lines [11]. Cash Flow and Debt - Free cash flow declined to €4.4 million, impacted by changes in working capital and net investment flows [14]. - As of June 30, 2025, the company had cash and cash equivalents of €26.7 million and financial debt of €11.3 million, resulting in net debt of €2.2 million [15]. Strategic Outlook - Eurobio Scientific aims to increase the share of proprietary products to around 50% of its revenue over the next four years, focusing on product development and international expansion [16].
Eurobio Scientific completes the acquisition of Life Science unit of Voden Medical Instruments Spa in Italy
Globenewswire· 2025-07-01 15:45
Core Points - Eurobio Scientific has completed the acquisition of the Life Science unit of Voden Medical Instruments Spa in Italy, enhancing its presence in the Italian market [2][3] - The acquisition focuses on diagnostics, cellular and molecular biology, and genome analysis, and will integrate the distribution of Eurobio's proprietary products in Italy [2][3] - The transaction is financed through a combination of the Group's cash and a bank loan, with the amount remaining confidential at the seller's request [2][6] Company Overview - Eurobio Scientific is a leading player in specialty in vitro diagnostics, involved in research, manufacturing, and commercialization of diagnostic tests across various fields including transplantation, immunology, and infectious diseases [4] - The company has a strong distribution network and a portfolio of proprietary products in molecular biology, supported by approximately 290 employees and multiple production units in various countries [4] - Eurobio Scientific is publicly listed on the Euronext Growth market in Paris and is part of several indices and investment programs [6]
Eurobio Scientific: EB Development rises above 90% threshold
Globenewswire· 2025-05-19 17:16
Core Insights - EB Development has acquired over 90% of Eurobio Scientific's share capital, reaching 90.01% ownership [2][3] Company Overview - Eurobio Scientific is a prominent player in in vitro diagnostics, focusing on transplantation, immunology, and infectious diseases [4] - The company provides diagnostic tests and dedicated reagents for research laboratories, including pharmaceutical and biotechnology firms [4] - Eurobio Scientific operates with approximately 320 employees and has production units in the Paris region, Germany, the Netherlands, and the USA, along with subsidiaries in several European countries [4] Shareholder Information - The main shareholders of Eurobio Scientific include IK Partners, NextStage AM, and its directors Jean-Michel Carle and Denis Fortier [5] - Eurobio Scientific's shares are listed on Euronext Growth Paris and are part of various indices, including Euronext Growth BPI Innovation and Next Biotech [5]
Eurobio Scientific: 2024 annual results
Globenewswire· 2025-04-28 15:46
Core Business Growth - Eurobio Scientific reported a revenue increase of 19% to €154.2 million in 2024, compared to €130 million in 2023, with organic growth at 9% [4][5][6] - Proprietary products accounted for 31% of total sales, remaining stable compared to the previous year, while international sales represented 41% of group revenue, up from 38% in 2023 [5][6] Financial Performance - Total operating income rose by 19% to €154.9 million, with a gross margin of 46.6%, down approximately 1% from 2023 due to pressure on margins and challenges faced by some European subsidiaries [4][7] - Adjusted EBITDA was €27.7 million, a slight increase from €27.3 million in 2023, while operating income was stable at €22.1 million [10][11] Cost Management - Research and development expenses decreased to €4.6 million, primarily due to reduced activity in France, while marketing and sales expenses increased by €10.1 million, driven by strengthening sales teams and new acquisitions [8] - General and administrative expenses rose by €1.8 million, attributed to new premises and acquisitions [8] Strategic Developments - The company completed the acquisition of EndoPredict® and Prolaris® in August 2024, generating sales of €3.8 million, although this was a 10% decline compared to 2023 [9] - Eurobio Scientific is focused on strategic priorities including the development of proprietary products, internationalization, and market expansion to enhance growth in sales and margins [16] Cash Flow and Debt Management - Free cash flow for 2024 was €6 million, with cash flow from operations amounting to €16.7 million [12][13] - At the end of December 2024, the company had cash and cash equivalents of €23.1 million and net debt of €3.9 million [15]