RE: Eurofins / Omicron2 Dec 2021 09:04
T-Rat,
Just a sample of the size of Eurofins firepower, they could crush DVRG like an ant:
RECORD RESULTS FOR EUROFINS
Eurofins posted record half-year numbers, where revenue jumped 40% to €3.3 billion and earnings before interest, taxes, depreciation and amortisation more than doubled (up 104%) to €1 billion, for the €20 billion valued company. That was encouraging enough but word that margins had risen from 21% to 30.3% this year saw the firm substantially raise full year guidance.
‘It appears that the pandemic will drive increasing demand for Eurofins’ services for many years to come,’ commented chief executive Gilles Martin in August.