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Evotec AG increases its profitability guidance for 2016

Hamburg, Germany, 19 July 2016: Evotec AG (Frankfurt Stock Exchange, Prime Standard, ISIN: DE 000 566480 9, WKN 566480) today announced that, in the context of the half year results published on 10 August 2016, it increases its financial guidance for the current year.

The Company now expects adjusted Group EBITDA (before changes in considerations) to more than double (previously: positive and significant improved compared to last year (2015: EUR 8.7 m)) mainly as a result of an increased margin contribution and a positive outlook for the remainder of the year. All other elements of the Company's financial guidance as of 10 May 2016 are confirmed.