Eurofins Scientific SE (XPAR:ERF)
€ 48.54 -0.56 (-1.14%) Market Cap: 9.07 Bil Enterprise Value: 11.98 Bil PE Ratio: 25.31 PB Ratio: 1.79 GF Score: 95/100
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Full Year 2019 Eurofins Scientific SE Earnings Call Transcript

Mar 04, 2020 / 02:30PM GMT
Release Date Price: €49.14 (+5.18%)
Operator

Welcome to the Eurofins Scientific Full Year 2019 Results. (Operator Instructions)

I'll now hand the floor to our first speaker, Dr. Gilles Martin, Eurofins' CEO. Please begin.

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

Hello, everybody, and thank you for joining our annual result call. There is a slide show on our website, and I invite you to check the disclaimer on Page 2. That's where -- I think to what I'm saying. So I'm going to do a very short introduction, then Laurent Lebras will talk a bit about the financial aspects for this year, and then we'll focus most of the call for questions.

So in 2019, what are the highlights? It's on Slide 4 of the presentation. Of course, unfortunately, we were hit on June 2 by a massive cyberattack by criminals which has caused a lot of disruptions to our systems, and some of our laboratories after checking and cleaning their servers could only restart after 2 weeks. That has caused us a significant cost, and for the rest of the year, a lot of the focus for our management.

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