Edition:
United Kingdom

Sartorius H1 Net Profit Up At 101.5 Million Euros


Friday, 19 Jul 2019 

July 19 (Reuters) - SARTORIUS AG ::GUIDANCE FOR 2019 RAISED.H1 GROUP REVENUE UP 15.9%; ORDER INTAKE UP 18.7%; EARNINGS MARGIN 26.6%.H1 UNDERLYING EBITDA ROSE OVERPROPORTIONATELY RELATIVE TO SALES BY 25.4% TO 237.6 MILLION EUROS (H1 2018: 189.5 MILLION EUROS).H1 RELEVANT NET PROFIT FOR GROUP WAS UP YEAR OVER YEAR BY 27.3%, FROM 79.8 MILLION EUROS TO 101.5 MILLION EUROS.GROUP SALES REVENUE FOR FULL YEAR IS NOW PROJECTED TO INCREASE BY ABOUT 10% TO 14% IN CONSTANT CURRENCIES VERSUS PREVIOUS GUIDANCE OF 7% TO 11%.CONTINUES TO FORECAST THAT COMPANY'S UNDERLYING EBITDA MARGIN WILL INCREASE TO SLIGHTLY MORE THAN 27.0%. 

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18 Sep 2019