Eurofins Scientific SE (XPAR:ERF)
€ 48.54 -0.56 (-1.14%) Market Cap: 9.21 Bil Enterprise Value: 12.13 Bil PE Ratio: 25.31 PB Ratio: 1.79 GF Score: 95/100
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Full Year 2018 Eurofins Scientific SE Earnings Call Transcript

Mar 05, 2019 / 02:30PM GMT
Release Date Price: €35.86 (-9.94%)
Operator

Good day, and welcome to the Eurofins Scientific 2018 annual results conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Gilles Martin, Chief Executive Officer. Please go ahead, sir.

Gilles G. Martin
Eurofins Scientific SE - Chairman of the Board & CEO

Thank you very much. Good day, everybody, and thank you for joining our 2018 conference call. I will give a short introduction and Laurent Lebras, our CFO, will add a couple of words on finance. We'll keep it short to leave enough time for questions.

So 2018. 2018 is the third year of our 5-year program to build the global infrastructure and to build the leading laboratory group in our key markets, which are food testing, environmental testing and testing for the pharma industry.

In 2018, we have made massive progress towards this objective. Actually, we grew much faster than we expected due to the opportunity to buy some leading companies that we didn't expect to be first [of all]. Among others, we bought the food testing

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