Jun 30, 2021

Avantor Q2 2021 Earnings Report

Reported strong financial results, driven by momentum across end markets and strategic investments.

Key Takeaways

Avantor reported net sales of $1.86 billion, a 25.7% increase, with organic net sales growth of 20.5%. Net income increased to $157.8 million, and adjusted EBITDA rose to $366.6 million. The company raised its full-year guidance, reflecting confidence in continued growth.

Net sales reached $1.86 billion, a 25.7% increase year-over-year.

Organic net sales grew by 20.5%.

Net income increased 162.1% to $157.8 million.

Adjusted EBITDA increased 34.2% to $366.6 million.

Total Revenue
$1.86B
Previous year: $1.48B
+25.7%
EPS
$0.35
Previous year: $0.19
+84.2%
Adjusted EBITDA
$367M
Previous year: $273M
+34.1%
Gross Profit
$627M
Previous year: $491M
+27.7%
Cash and Equivalents
$223M
Previous year: $415M
-46.3%
Free Cash Flow
$265M
Previous year: $316M
-16.2%
Total Assets
$11.2B
Previous year: $9.87B
+14.0%

Avantor

Avantor

Avantor Revenue by Geographic Location

Forward Guidance

Avantor has raised its guidance for full year results, indicating a positive outlook based on current performance and market opportunities.

Revenue & Expenses

Visualization of income flow from segment revenue to net income