- Sartorius reported adjusted EBITDA of €686.5 million for the first nine months, down 6.4% year-over-year.
- Sales amounted to €2.47 billion, reflecting a decrease of 2.8% compared to the same period last year.
- Orders saw an increase, reaching €2.33 billion, which is a 5.7% rise year-over-year.
- The adjusted EBITDA margin declined to 27.7% from 28.8% in the previous year.
- The company maintains its forecast for the adjusted EBITDA margin for the full year 2024 to be in the range of 27% to 29%, with an estimate of 28%.
- Sales revenue for FY24 is expected to be comparable to 2023, with possible minor fluctuations either positively or negatively.
- A sales contribution of around 1.5% is anticipated from acquisitions.
- An ongoing efficiency program is projected to contribute over €100 million positively.
- The ratio of capital expenditures (capex) to sales revenue is anticipated to be approximately 12% in 2024.
- The net debt to underlying EBITDA ratio is expected to be around 4.
- The current analyst recommendations include 4 buys, 4 holds, and 2 sells.
A look at Sartorius AG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a diverse product range spanning precision electronic equipment, Sartorius AG‘s long-term outlook appears promising based on its Smartkarma Smart Scores. The company’s strong momentum score of 4 reflects positive investor sentiment and a potential for continued growth. Additionally, a growth score of 3 indicates potential for expansion in key areas, enhancing its future prospects. While value, dividend, and resilience scores are more moderate at 2, Sartorius AG‘s overall outlook seems optimistic, driven by its robust momentum and growth factors.
Sartorius AG, a manufacturer of precision electronic equipment and components, positions itself well in the global market. Specializing in precision scales, electrochemistry, biomolecular and microbial separations, cell culture, and purification equipment, the company offers a wide range of products for laboratory and industrial applications. With a mix of solid growth potential and strong market momentum, Sartorius AG‘s strategic focus on innovation and product diversification sets a strong foundation for its long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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