Evotec cuts FY2026 revenue outlook to EUR 570-610 million

• Evotec cut 2026 revenue guidance to EUR 570-610 million, down from EUR 700-780 million; constant-currency view EUR 595-635 million.
• Adjusted EBITDA outlook swung to a loss of EUR 70-105 million, versus prior guidance of EUR 0-40 million; constant-currency loss EUR 60-90 million.
• About 40% of the revenue shortfall shifts to 2027 on milestone timing in existing partnerships; about 45% reflects delays in new strategic deals beyond Q4.
• Remaining 15% tied to weaker-than-expected revenue recognition on orders; H1 revenue seen at about EUR 300.1 million with adjusted EBITDA about EUR -42.7 million.
• Liquidity was about EUR 465.6 million at June 30; D&PD net sales excluding strategic partners rose about 28% in H1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evotec SE published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2365130_de) on July 13, 2026, and is solely responsible for the information contained therein.