Evotec cuts FY25 revenue view to EUR 760M-EUR 800M from EUR 840M-EUR 880M

Backs FY25 adjusted EBITDA view EUR 30M-EUR 50M. The company said, “Our strategy for sustainable and profitable growth is progressing as planned. Strong demand for higher margin businesses reflects the strength of our platforms and validates the decisions we’ve made around focus, partnerships, and capital efficiency. While some parts of our business continue to operate in a challenging market environment, the execution of our Priority Reset, and new strategy gives us confidence that we are well-positioned to deliver on our long-term ambitions.”