Shifted Milestone Income Leads to Reduction in Operating Income Guidance for the Fiscal Year 2012

 

Hamburg, Germany - 19 October 2012: Evotec AG (Frankfurt Stock Exchange, Prime Standard, ISIN: DE 000 566480 9, WKN 566480) today announced that it is adjusting its guidance regarding profitability on operating income for the fiscal year 2012.

Due to a shift in milestone income from Q4 2012 into 2013, the operating result before impairment and changes in contingent consideration for the fiscal year 2012 is now expected to be less than that achieved in 2011. Original guidance was for the operating result to be greater than 2011 (EUR 5.8 million). Guidance on revenue (EUR 88-90 million) and cash (> EUR 60 million) is maintained.

Contact: Dr Mario Polywka, Chief Operating Officer, Evotec AG, Manfred Eigen Campus, Essener Bogen 7, 22419 Hamburg, Germany, Phone: +44 (0)1235 441676, Mario.polywka@evotec.com