Looks like you’re on the UK site. Choose another location to see content specific to your location

Home Industry News Sartorius announces strong double-digit growth in 2015 to date

Sartorius announces strong double-digit growth in 2015 to date

21st July 2015

Sartorius has published its financial results for the first half of 2015, during which it generated significant double-digit growth in order intake, sales revenue and earnings.

Its sales revenue total for the six-month period came to 535.3 million euros (373.95 million pounds), up by 15.9 percent year on year on a constant currency basis or by 26.6 percent when looking at the reported figure.

Meanwhile, order intake for the Group rose by 19.7 percent to 577.8 million euros in constant currencies (31.1 percent in reported terms), with the strong first-half results leading the company's management to raise its forecast for the full year.

Its bioprocess solutions business saw better-than-expected development thanks to strong market conditions, especially in North America. Meanwhile, its lab products and services unit also reported a robust growth trend, despite uneven economic trends.

Dr Joachim Kreuzberg, chief executive officer of Sartorius, said: "The dynamic development of the first three months continued on into the second quarter so that we showed overall strong first-half performance."

In constant currency terms, sales including revenue contributed by acquisitions are now expected to grow in the range of 12 percent for the full year, while its underlying EBITDA margin will reach around 22.5 percent.ADNFCR-8000103-ID-801794959-ADNFCR

We currently have 9 jobs available in Pharmacy industry, find your perfect one now.

Stay informed

Receive the latest industry news, Tips
and straight to your inbox.