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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.
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