8-K
filed October 28, 2022, 7:59 PM ET
ticker AVTR
CIK 0001722482
earnings
confidence high
sentiment positive
materiality 0.75
Avantor reports Q3 2022 net sales $1.86B, core organic growth 7.8%; adjusted EPS $0.34, updates FY guidance
Avantor, Inc.
2022-Q3 EPS reported
$0.80
revenue$5,717,400,000
- Net sales $1.86B (+1.2% reported); core organic growth 7.8%; net income $167.0M.
- Adjusted EBITDA $384.0M, margin 20.7% (up 110 bps); diluted GAAP EPS $0.25, adjusted EPS $0.34.
- Americas +7.5% sales, Europe -11.8% (FX impact), AMEA +20.6%; core organic growth 8.8%, 4.8%, 15.1% respectively.
- FY 2022 guidance updated: organic growth 2.5-3.0% (6.0-6.5% excl COVID headwinds); adjusted EPS $1.38-$1.40.
- Operating cash flow $258.3M, free cash flow $219.3M; net leverage reduced to 3.6X from 3.9X.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Avantor, Inc. reported for the quarter ended September 30, 2022 results: revenue $1.86 billion, net income $167.0 million, EPS $0.25.
- Period
- for the quarter ended September 30, 2022
- Revenue
- $1.86 billion
- Net income
- $167.0 million
- EPS
- $0.25
- Result
- reported results
Exact text from the filing
Net sales of $1.86 billion, increase of 1.2%; core organic net sales growth of 7.8% • Net income of $167.0 million; Adjusted EBITDA of $384.0 million • Diluted GAAP EPS of $0.25; adjusted EPS of $0.34
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Avantor, Inc. reported for the full year results: EPS $1.38 to $1.40 of adjusted EPS.
- Period
- for the full year
- EPS
- $1.38 to $1.40 of adjusted EPS
- Result
- guidance update
Exact text from the filing
We now expect to deliver 2.5% - 3.0% organic growth (6.0% - 6.5% excluding COVID-19 headwinds) and $1.38 to $1.40 of adjusted EPS for the full year.
View on SEC.gov
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