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Genovis Q2 2023: Continued strong growth trajectory in analytics - Redeye

Redeye remains positive on Genovis following a Q2 that showcased 40% sales growth in the analytics business, alongside EBIT margins of 20%. The bioprocess order we expected in Q2 did not materialize, we will reconsider our forecasting approach to accomodate for the uncertainty and difficulty of timing these orders.

Redeye remains positive on Genovis following a Q2 that showcased 40% sales growth in the analytics business, alongside EBIT margins of 20%. The bioprocess order we expected in Q2 did not materialize, we will reconsider our forecasting approach to accomodate for the uncertainty and difficulty of timing these orders.
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