Sartorius Q1 Results Meet Expectations, Sees Significant Order Growth Despite Weak China Demand

• Sartorius AG's Q1 results are in line with expectations, with significant order growth in recurring business.
• Demand from China remains weak, affecting the company's overall performance.
• The company confirms its outlook for the full year, expecting business momentum to gradually pick up from quarter to quarter.
• Sartorius Group recorded an increase in order intake of 9.8 percent in constant currencies to 826 million euros compared with the prior-year quarter.
• Sales revenue amounted to 820 million euros in the first quarter, a decline of 7.6 percent in constant currencies compared with the prior-year period.
• The company's underlying EBITDA decreased by 13.8 percent to 234 million euros in the first three months due to lower sales revenue.

At this time, the index DAX was at 17.773,00PKT (-0,01 %).

Sartorius Vz.

-3,46 %

+2,81 %

-23,13 %

-13,66 %

-20,17 %

-39,44 %

+72,14 %

+1.068,08 %

+5.649,85 %

ISIN:DE0007165631WKN:716563

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