secwatch.observer — SEC 8-K summary
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Issuer:     Avantor, Inc. (AVTR)
CIK:        0001722482
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001722482-23-000096
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avantor Q1 net sales $1.78B, down 8.7% YoY; adjusted EPS $0.29
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- Net sales $1.78B, down 8.7% YoY; core organic sales decline 1.8% (ex-COVID).
- GAAP net income $121.5M ($0.18 EPS); adjusted net income $195.4M ($0.29 adjusted EPS).
- Adjusted EBITDA $346.2M (19.4% margin); free cash flow $191.5M.
- Americas sales $1,032.0M (-9.7% reported, core organic -3.7%); Europe $630.2M (-7.4%, +1.0% core); AMEA $118.1M (-6.7%, +1.0% core).
- Adjusted net leverage 3.8X; within target range of 2X-4X.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722482/000172248223000096/0001722482-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722482/000172248223000096/avtr-20230428.htm
  HTML page:      https://secwatch.observer/filing/0001722482-23-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer