Evotec AG: Shifted Milestone Income Leads to Reduction in Operating Income Guidance for the Fiscal Year 2012

Evotec AG  / Key word(s): Change in Forecast

19.10.2012 15:08

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Hamburg, Germany - Evotec AG (Frankfurt Stock Exchange, Prime Standard,
ISIN: DE 000 566480 9, WKN 566480) today announced that it is adjusting its
guidance regarding profitability on operating income for the fiscal year
2012.

Due to a shift in milestone income from Q4 2012 into 2013, the operating
result before impairment and changes in contingent consideration for the
fiscal year 2012 is now expected to be less than that achieved in 2011.
Original guidance was for the operating result to be greater than 2011 (EUR
5.8 million).  Guidance on revenue (EUR 88-90 million) and cash (> EUR 60
million) is maintained.

Contact: Dr Mario Polywka, Chief Operating Officer, Evotec AG, Manfred
Eigen Campus, Essener Bogen 7, 22419 Hamburg, Germany,
Phone: +44 (0)1235 441676, Mario.polywka@evotec.com


19.10.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Evotec AG
              Manfred Eigen Campus / Essener Bogen 7
              22419 Hamburg
              Germany
Phone:        +49 (0)40 560 81-0
Fax:          +49 (0)40 560 81-222
E-mail:       info@evotec.com
Internet:     www.evotec.com
ISIN:         DE0005664809
WKN:          566480
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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