Evotec Reports Q1 Revenue Decline and Initiates 'Horizon' Transformation Plan
Evotec reported a significant revenue decline in the first quarter of 2026, citing FX headwinds, absence of a prior-year one-off payment from Sandoz, and soft demand. The company reaffirmed its full-year guidance despite these challenges and announced structural cost-saving initiatives under its 'Horizon' transformation plan.
Topics: ebitda_loss fx_headwinds revenue_decline transformation_plan