8-K
filed February 14, 2024, 6:59 PM ET
ticker AVTR
CIK 0001722482
earnings
confidence high
sentiment neutral
materiality 0.80
Avantor Q4 revenue $1.72B, decline 4%; adjusted EPS $0.25; new segment structure disclosed
Avantor, Inc.
2023-FY EPS reported
$0.47
revenue$6,967,200,000
- Q4 net sales $1.72B, down 4.0% YoY; core organic decline 4.8%; Q4 GAAP EPS $0.15, adjusted EPS $0.25.
- Full-year 2023 net sales $6.97B, down 7.3%; adjusted EBITDA $1.309B; free cash flow $723.6M.
- Repaid ~$850M of debt in 2023; adjusted net leverage 3.9x.
- New segment reporting effective Q1 2024: Laboratory Solutions ($4.74B revenue in 2023) and Bioscience Production ($2.23B revenue).
- Recast segment data provided for 2021-2023; adjusted operating income for Bioscience Production $601.9M, Laboratory Solutions $668.3M in 2023.
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 the year ended December 31, 2023 results: revenue $6.97 billion, net income $321.1 million, EPS $0.47.
- Period
- the year ended December 31, 2023
- Revenue
- $6.97 billion
- Net income
- $321.1 million
- EPS
- $0.47
- Result
- reported results
Exact text from the filing
Full Year 2023 • Net sales of $6.97 billion, decrease of 7.3%; core organic decline of 5.2% • Net income of $321.1 million; Adjusted EBITDA of $1,309.1 million • Diluted GAAP EPS of $0.47; adjusted EPS of $1.06
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Avantor, Inc. reported the quarter ended December 31, 2023 results: revenue $1.72 billion, net income $98.5 million, EPS $0.15.
- Period
- the quarter ended December 31, 2023
- Revenue
- $1.72 billion
- Net income
- $98.5 million
- EPS
- $0.15
- Result
- reported results
Exact text from the filing
Fourth Quarter 2023 • Net sales of $1.72 billion, decrease of 4.0%; core organic decline of 4.8% • Net income of $98.5 million; Adjusted EBITDA of $302.1 million • Diluted GAAP EPS of $0.15; adjusted EPS of $0.25
View on SEC.gov
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