SSSGY - Sartorius Aktiengesellschaft Non-GAAP EPS of Euro2.44 revenue of Euro1.02B

Sartorius Aktiengesellschaft press release (OTC:SSSGY): Q1 Non-GAAP EPS of €2.44. Revenue of €1.02B (+28.9% Y/Y). Order intake was in line with expectations compared with the exceptionally strong prior-year quarter, reaching €1,112M (- 5.8 percent in constant currencies; reported: - 2.3 percent). Underlying EBITDA up 32.4 percent, underlying EBITDA margin 34.1 percent. Net debt to underlying EBITDA was 1.4 as of the reporting date, compared with 1.5 at year-end 2021. The ratio of capital expenditures to sales revenue reached 9.4 percent, compared with 10.2 percent in the prior-year period. Outlook for 2022 confirmed: Sales revenue expected to rise by 15 to 19 percent (vs. estimated growth of 15.32% Y/Y), with non-organic growth from acquisitions projected to contribute about 2 percentage points and underlying EBITDA margin projected to be about 34 percent. For the Bioprocess Solutions Division, the company forecasts sales revenue growth of about 17 percent to 21 percent.  The CAPEX ratio is anticipated to be about 14 percent and net debt

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Sartorius Aktiengesellschaft Non-GAAP EPS of €2.44, revenue of €1.02B