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Jun 30, 2022
Avantor Q2 2022 Earnings Report
Avantor reported strong second-quarter results driven by core organic growth and Adjusted EBITDA margin expansion.
Key Takeaways
Avantor reported a 2.8% increase in net sales, reaching $1.91 billion. Core organic net sales grew by 6.4%. Net income increased to $187.4 million, and Adjusted EBITDA rose to $404.1 million. Diluted GAAP EPS was $0.28, with adjusted EPS at $0.37.
Net sales increased by 2.8% to $1.91 billion, with core organic net sales growth of 6.4%.
Net income reached $187.4 million, and Adjusted EBITDA was $404.1 million.
Diluted GAAP EPS was $0.28, while adjusted EPS was $0.37.
Operating cash flow was $227.5 million, and free cash flow was $191.2 million.
Forward Guidance
Avantor expects the momentum in its core business to continue into the second half of 2022, with a robust order book for proprietary products giving confidence in the full-year growth trajectory. Avantor remains well positioned to deliver another year of strong financial results.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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