Eurofins has reported high single digit organic growth in the US for food testing driven in part by preparation for the Food Safety Modernization Act (FSMA).
Eurofins reported solid growth in food testing in the first financial quarter of 2013, which also helped offset negative impacts on revenue in France, according to the bioanalysis firm.
Eurofins has targeted doubling the size of the business to €2bn in revenues by 2017, adding that it is sufficiently diversified in business and geographic exposure to achieve the aim.
Life science and testing specialists Eurofins said it has defied the economic downturn as it announced 2011 profits had more than doubled, with growth accelerating during the second half of the year.
