SRT Sartorius AG

EQS-News: SARTORIUS AG: S&P Global Ratings assigns investment grade rating to Sartorius

EQS-News: SARTORIUS AG / Key word(s): Rating
SARTORIUS AG: S&P Global Ratings assigns investment grade rating to Sartorius (news with additional features)

29.08.2023 / 12:02 CET/CEST
The issuer is solely responsible for the content of this announcement.


Göttingen, Germany, August 29, 2023

S&P Global Ratings assigns investment grade rating to Sartorius
 
  • Initial rating for Sartorius: Long-term BBB issuer rating with stable outlook
  • S&P Global Ratings highlights Sartorius’ operational strength, financial discipline, and healthy end markets

In its first credit rating, the life science group Sartorius has received a solid investment grade rating. The international rating agency S&P Global Ratings assigned a long-term issuer rating of BBB with a stable outlook. The rating agency particularly acknowledged Sartorius' leading portfolio for life science and biopharma applications, its global reach, strong market fundamentals, and the Sartorius management’s high financial discipline.

"The rating underlines the investment quality of our company and provides a sound basis for the Group's future access to broader capital markets," said Rainer Lehmann, CFO and member of the Executive Board of Sartorius.

This press release contains forward-looking statements about the future development of the Sartorius Group. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius assumes no liability for updating such statements in light of new information or future events. This is a translation of the original German-language press release. Sartorius shall not assume any liability for the correctness of this translation. The original German press release is the legally binding version.


A profile of Sartorius
The Sartorius Group is a leading international partner of life sciences research and the biopharmaceutical industry. With innovative laboratory instruments and consumables, the Group’s Lab Products & Services division focuses on laboratories performing research and quality control at pharmaceutical and biopharmaceutical companies as well as academic research institutes. The Bioprocess Solutions division, with its broad product portfolio focusing on single-use solutions, helps customers manufacture biotech medications and vaccines safely, rapidly and economically. The company, based in Goettingen, Germany, has a strong global reach with around 60 production and sales sites worldwide. Sartorius delivers significant organic growth and regularly expands its portfolio through the acquisition of complementary technologies. In fiscal 2022, the company generated sales revenue of around 4.2 billion euros. At the end of 2022, around 16,000 employees were working for customers around the globe.


Contact
Timo Lindemann
Corporate Communications
+49 (0)551 308 4724


Follow Sartorius on X (Twitter) and on .

Additional features:

File:


29.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: SARTORIUS AG
Otto-Brenner-Straße 20
37079 Göttingen
Germany
Phone: +49.(0)551-308.0
Fax: +49.(0)551-308.3289
E-mail:
Internet:
ISIN: DE0007165607, DE0007165631
WKN: 716560 , 716563
Indices: DAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1713385

 
End of News EQS News Service

1713385  29.08.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1713385&application_name=news&site_id=research_pool
EN
29/08/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sartorius AG

Sartorius: 1 director

A director at Sartorius bought 400 shares at 173.350EUR and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showi...

Thomas J. Schiessle
  • Thomas J. Schiessle

CEO verlängert nicht über Nov. 2025 hinaus - Q1/24 dokumentierte opera...

Nach knapp 20 Jahren als hat CEO Dr. Joachim Kreuzburg angekündigt – aus Gründen der persönlichen Lebensplanung - keine nochmalige Vertrags­verlängerung - über den 30.11.25 hinaus – anzustreben; er strebe ferner keine operative Position in einem anderen Unternehmen an. Die Ankeraktionäre werden nun wichtig: Seit in 2023 ist Bio-Rad Laboratories Inc. Aktionär (derzeit Anteil an  Ord. 28%; Pref: 38%). Durch Lothar Kappich (SRT-AR-Vorsitz) wird die Horst Sartorius Erbengemeinschaft in Höhe von 50,0...

Thomas J. Schiessle
  • Thomas J. Schiessle

CEO will not extend beyond Nov. 2025 - Q1/24 documented operational tu...

After almost 20 years as CEO, Dr Joachim Kreuzburg has announced - for reasons of personal life planning - that he will not seek a further contract extension beyond 30.11.2025; furthermore, he will not seek an operational position in another company. The anchor shareholders are now becoming important: Bio-Rad Laboratories Inc. has been a shareholder since 2023 (current share in Ord. 28%; Pref: 38%). Lothar Kappich (SRT-SB-Chairman) represents the Horst Sartorius community of heirs in the amount ...

 PRESS RELEASE

EQS-News: Sartorius AG: After more than 20 years as CEO, Joachim Kreuz...

EQS-News: SARTORIUS AG / Key word(s): Personnel Sartorius AG: After more than 20 years as CEO, Joachim Kreuzburg will not pursue another term in office – Supervisory Board expresses great regret (news with additional features) 02.07.2024 / 10:53 CET/CEST The issuer is solely responsible for the content of this announcement.   Göttingen, July 2, 2024 Sartorius AG: After more than 20 years as CEO, Joachim Kreuzburg will not pursue another term in office – Supervisory Board expresses great regret The long-standing CEO of Sartorius AG, Dr. Joachim Kreuzburg, has informed the ...

 PRESS RELEASE

EQS-News: Sartorius AG: Joachim Kreuzburg strebt nach mehr als 20 Jahr...

EQS-News: SARTORIUS AG / Schlagwort(e): Personalie Sartorius AG: Joachim Kreuzburg strebt nach mehr als 20 Jahren als Vorstandsvorsitzender keine weitere Amtszeit an – Aufsichtsrat äußert großes Bedauern (News mit Zusatzmaterial) 02.07.2024 / 10:53 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Göttingen, 2. Juli 2024 Sartorius AG: Joachim Kreuzburg strebt nach mehr als 20 Jahren als Vorstandsvorsitzender keine weitere Amtszeit an – Aufsichtsrat äußert großes Bedauern Der langjährige Vorstandsvorsitzende der Sartorius AG, Dr. Joachim ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch