BioMerieux SA

BIM: XPAR (FRA)
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BioMérieux Earnings: Macro Uncertainty Freezes Customer Capital Spending; Fair Value Lowered by 10%

BioMérieux posted negative 3.9% organic sales and negative 10.4% reported sales in the first quarter, hit heavily by currency headwinds. Full-year guidance for both sales and contributive EBIT was lowered. Shares are trading 13% lower.

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