Avantor Q3 2020 Earnings Report

Reported strong Q3 2020 results driven by the resilience of its integrated business model and the team's ability to execute in a challenging environment.

Key Takeaways

Avantor reported a 6.7% increase in revenue to $1.605 billion, with organic growth of 5.4%. Adjusted EBITDA increased by 14% to $285.6 million, and adjusted EPS rose by 63% to $0.24. The company experienced a net loss of $42.2 million, impacted by a loss on debt extinguishment.

Revenue increased by 6.7% to $1.605 billion, with organic growth of 5.4%.

Adjusted EBITDA increased approximately 14% to $285.6 million, with margin expansion of 112 basis points.

Adjusted EPS increased approximately 63% to $0.24.

Generated $623.8 million of operating cash flow and $582.4 million of free cash flow year-to-date, representing increases of 133.6% and 156%, respectively.