Eurofins achieves new record level of annual revenues while demonstrating a strong increase in margins and cash generation and returns to its pre-COVID profitability and cash flow growth trends

Record level of annual revenues achieved by the Eurofins network of companies and laboratories in 2024.

Eurofins recorded €6,951 million in revenues in 2024, representing a +6.7% year-on-year and 4.7% organic growth increase versus 2023 and exceeding its peak COVID-19 pandemic-driven revenue level, while demonstrating a strong increase in margins and cash generation.

Eurofins also concluded 2024 with a number of strategic achievements as part of its ongoing programme to build its unmatched global service platform, including a strong pace of acquisitions with 31 business combinations closed, the initiation of 18 start-ups, the addition of 98,000m² of net surface area to expand its laboratory network, thereof 85% owned by Eurofins, as well as strong progress on digitalisation initiatives.

Read about the preliminary financial results here: https://lnkd.in/gCkyDT9X