Earnings Alerts

Sartorius AG (SRT) Earnings: Adjusted EBITDA Margin Decline and FY24 Outlook Revealed

  • Adjusted EBITDA margin for the full year 2024 is projected to be between 27% and 29%, down from the previous expectations of over 30%.
  • The company’s adjusted EBITDA margin estimate stands at 29.8%.
  • First half results show sales of €1.68 billion, slightly above the estimated €1.67 billion.
  • Due to high volatility and limited predictability, the company has issued a more cautious outlook for the second half of 2024.
  • In Asia/Pacific, notably in China, market weakness resulted in a 4.7% revenue decrease in constant currencies.
  • The group’s underlying EBITDA declined by 8.8% to €471 million in the first six months, primarily due to volume and product mix effects.
  • Demand normalization has progressed for some products, but customers continue to reduce inventories or are reluctant to invest in other product groups.
  • Sales revenue for 2024 is expected to remain at the prior-year level, with potential for low single-digit negative to low single-digit positive sales development. Previously, sales growth was anticipated in the mid to high single-digit percentage range.
  • The company expects increasingly positive effects from its cost-cutting program, aiming to save over €100 million as the year progresses.
  • Current analyst recommendations include 4 Buys, 3 Holds, and 1 Sell.

A look at Sartorius AG Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE2.2

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

Analysts reviewing the Smartkarma Smart Scores for Sartorius AG have provided an overall outlook for the company’s long-term prospects. With a mixed bag of scores across various factors, Sartorius AG has scored averagely in Value, Dividend, Resilience, and Momentum, indicating room for improvement. However, the company has shown promise in terms of Growth with a score of 3, suggesting potential for expansion and development in the future. Sartorius AG, known for its precision electronic equipment and components, has a diverse product line catering to laboratory, industrial, and scientific needs worldwide.

Although facing some challenges in areas like Value and Resilience, the company’s growth prospects stand out as a positive indicator. Investors may want to keep an eye on how Sartorius AG leverages its strengths in Growth to enhance its overall performance and market position over the long term. With a strategic focus on precision scales, biomolecular equipment, and purification technologies, Sartorius AG continues to position itself as a key player in the global market for specialized electronic instruments and solutions.


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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