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    Home > Food News > Nutrition News > Sartorius's performance in the first half of the year has grown rapidly and its annual forecast is raised again

    Sartorius's performance in the first half of the year has grown rapidly and its annual forecast is raised again

    • Last Update: 2021-07-28
    • Source: Internet
    • Author: User
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    Recently, Sartorius announced its second-quarter financial report


    "In the first half of the year, high demand for innovative technologies for biopharmaceutical development and production continued unabated


    Group business development

    At a constant exchange rate, the group's sales revenue increased by 60.


    In the first half of the year, basic EBITDA increased significantly by 89.


    Departmental development

    The Bioprocess Solutions division provides a wide range of innovative technologies for the manufacture of biopharmaceuticals, maintaining a strong pace at the beginning of the year, and in the first half of 2021 increased by 62.


    The order volume growth of this department even exceeded its sales revenue, increasing by 91.


    The basic EBITDA of the Bioprocess Solutions segment increased by 86.


      The laboratory products and services department specializes in equipment and technology for life science research and pharmaceutical laboratories.


      Orders grew at a strong rate similar to sales revenue, increasing by 49.


      The basic EBITDA of the laboratory products and services sector increased significantly by 105.


      Regional business development

      Sartorius’ revenues in all three business areas have increased significantly


      Key financial indicators

      Sartorius Group has a very sound balance sheet and financial foundation


      The number of employees has increased significantly

      As of June 30, 2021, the Sartorius Group has 11,981 employees worldwide


      Revise up the full-year forecast for 2021

      Based on the outstanding performance in the first half of the year, the management again raised its full-year growth forecast for the 2021 fiscal year in early July


      The investment plan for 2021 will remain unchanged at around 400 million euros


      The mid-term target updated in January 2021 remains unchanged, and it is assumed that by 2025, consolidated sales revenue will increase to approximately 5 billion euros, with a basic EBITDA margin of approximately 32%


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