August 10, 2017 / 5:44 AM / 3 months ago

BRIEF-Evotec confirms outlook after H1 core profit jump

Aug 10 (Reuters) - Evotec AG

* H1 revenue rose 37 percent to 103.4 million eur

* Group revenues: 37% increase to eur 103.4 m (h1 2016: eur 75.5 m);

* Adjusted group EBITDA increased by 64%to eur 26.0 m (h1 2016: eur 15.8 m);

* Strong strategic liquidity position of eur 187.0 m (prior to aptuit acquisition)

* research and development expenses slightly decreased by 5% to eur 8.5 m (h1 2016: eur 9.0 m)

* All elements of financial guidance comfortably confirmed Further company coverage:

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