IP InterviewPublished March 25, 2022Conducted February 24, 2022
Eurofins Food & Microbiology Lab Economics
inpractise.com/articles/eurofins-food-and-microbiology-lab-economics
Executive Bio
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Why is this interview interesting?
- Giles Martin owns the majority of the real-estate of Eurofins’ labs
- Eurofins has a competitive advantage by having the densest microbiology network
- Automating sample handling is easier in chemical than biology testing
- Biology labs are losing employees to clinical labs that can afford to pay higher wages
- Labour cost is 35% of lab cost structure and is up 10-15% in last 12 months
- How Eurofins would manage a large account like Nestle across numerous tests
Interview Transcript
Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.
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