Evotec SE Lowers Revenue Forecast but Maintains Profit Outlook for 2025

Evotec SE has revised its revenue expectations for the fiscal year 2025. The company now anticipates Group revenues to range between €760 million and €800 million, down from the previously predicted €840 million to €880 million. Despite this adjustment, guidance on R&D expenses and adjusted EBITDA remains stable at €40-50 million and €30-50 million respectively.

This revision comes amid a shift in the revenue mix and realization of cost savings surpassing initial targets. The technology licensing sector is poised to play a more significant role in Evotec's strategic realignment. However, the Shared R&D base business is operating in a challenging market environment for the latter half of the year. The first half of 2025 saw revenues fall short of expectations, though adjusted EBITDA met forecasts.