earnings
confidence high
sentiment positive
materiality 0.80
Avantor Q1 2022: Net sales $1.95B, adj EPS $0.38, raises full-year guidance
Avantor, Inc.
2022-Q1 EPS reported
$0.28
revenue$1,950,400,000
- Net sales $1.95B, organic growth 5.1%; net income $190.4M vs $164.0M prior year.
- Diluted GAAP EPS $0.28, adjusted EPS $0.38; adj EBITDA $423.1M (21.7% margin, +140bps YoY).
- Americas +10.5%, Europe +4.6%, AMEA +26.6%; bioproduction growth >20%.
- Operating cash flow $152.2M, free cash flow $127.7M; net leverage reduced to 4.0X.
- Raised full-year adjusted EPS guidance; CEO cites strong execution and investments.