Evotec reports strong 2016 results

Country

Germany

Evotec increased its revenue by 29% to €164.5 million in 2016, meeting its financial targets and poised to expand further this year. The Germany-based company is forecasting revenue growth in 2017 of more than 15% and a significant increase in operating income. The operating profit in 2016 was €31.3 million, up from €11.6 million a year earlier.