Avantor Q1 2020 Earnings Report
Key Takeaways
Avantor reported a revenue increase of 2.6% to $1.52 billion, with organic growth of 4.1%. Net income increased to $47 million, and adjusted EBITDA grew by 6% to $262.8 million. Adjusted EPS increased by 64% to $0.17, and free cash flow was $240.5 million, a 284% increase. The company withdrew its previously issued guidance due to COVID-19.
Revenue of $1.52 billion, an increase of 2.6%; organic growth of 4.1%.
Net income of $47 million; Adjusted EBITDA $262.8 million, an increase of 6%.
Diluted GAAP EPS $0.05; adjusted EPS $0.17, an increase of 64%.
Operating cash flow $253.1 million; free cash flow $240.5 million, an increase of 284%.
Avantor
Avantor
Avantor Revenue by Geographic Location
Forward Guidance
The Company is withdrawing previously issued guidance due to COVID-19
Revenue & Expenses
Visualization of income flow from segment revenue to net income