BioMerieux SA

BIM: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€629.00	Hjcsw	Zxjfxgw

Multiplex Molecular Still Generating Record Growth for Narrow-Moat BioMerieux; Maintaining FVE

Aaron Degagne

Feb 24, 2021

Narrow-moat BioMerieux had a very strong fourth quarter and ended 2020 with record growth and profits driven by ongoing momentum in molecular diagnostic testing. We had expected the firm to report strong results, and there is no change to our longer-term expectations. We are maintaining our EUR 67 fair value estimate.

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