Mar 31, 2022

Avantor Q1 2022 Earnings Report

Avantor reported strong results driven by core organic growth and adjusted EBITDA margin expansion.

Key Takeaways

Avantor reported a strong first quarter in 2022, with net sales of $1.95 billion, a 9.2% increase compared to the first quarter of 2021. Organic net sales growth was 5.1%. Net income increased to $190.4 million, and Adjusted EBITDA increased 16.5% to $423.1 million.

Net sales increased by 9.2% to $1.95 billion, with organic net sales growth of 5.1%.

Net income rose to $190.4 million.

Adjusted EBITDA increased by 16.5% to $423.1 million, with a margin expansion of approximately 140 basis points to 21.7%.

Adjusted EPS was $0.38.

Total Revenue
$1.95B
Previous year: $1.79B
+9.2%
EPS
$0.38
Previous year: $0.35
+8.6%
Adjusted EBITDA
$423M
Previous year: $363M
+16.5%
Gross Profit
$690M
Previous year: $613M
+12.6%
Cash and Equivalents
$284M
Previous year: $173M
+64.4%
Free Cash Flow
$128M
Previous year: $112M
+14.2%
Total Assets
$13.8B
Previous year: $9.74B
+42.1%

Avantor

Avantor

Avantor Revenue by Geographic Location

Forward Guidance

The company raised its adjusted EPS guidance range for the full year.

Revenue & Expenses

Visualization of income flow from segment revenue to net income