SCHOTT Pharma AG

EQS-News: SCHOTT Pharma records good start into fiscal year and confirms full year outlook

EQS-News: SCHOTT Pharma AG & Co. KGaA / Key word(s): Quarterly / Interim Statement/Quarter Results
SCHOTT Pharma records good start into fiscal year and confirms full year outlook

13.02.2025 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


SCHOTT Pharma records good start into fiscal year and confirms full year outlook

  • Q1 2025 revenues reached EUR 230m; decrease of 1% yoy as reported or increase of 4% at constant currencies
  • Q1 2025 EBITDA margin of 25.1% as reported or 26.3% at constant currencies
  • Share of strong-margin high-value solutions (HVS) further increased to 55%
  • Business well on track to deliver all 2025 targets

SCHOTT Pharma, a pioneer in pharma drug containment solutions and delivery systems, today reported its results for the first quarter and confirmed all targets for the fiscal year 20251. “Our long-term growth fields, including biologics, GLP-1, ADCs, and the shift from intravenous to subcutaneous administration, continue to show extraordinary growth. We are actively driving these through additionally secured long-term contracts and projects. With our unique market position and well-progressing ramp-ups, we foresee a good second half of our fiscal year 2025. Everything is set for another strong year,” said Andreas Reisse, CEO of SCHOTT Pharma.

“Following a very successful year 2024, we expected a softer start into 2025 and will now use our strong foundation to reach our full year targets. The additional capacities in glass syringes and sterile cartridges combined with secured contracts will drive the business performance in the second half of the year,“ said Dr. Almuth Steinkühler, CFO of SCHOTT Pharma.

 

Revenues remained stable; EBITDA in line with expectations

Revenues in Q1 2025 reached EUR 230m, reflecting a slight yoy decline of 1%. However, at constant currencies, revenues increased by 4%. Revenues were driven by a high demand for strong-margin high-value solutions (HVS), which contributed 55% of the total revenue share. This was mostly driven by a strong expansion of HVS in the Drug Containment Solutions (DCS) business. 

SCHOTT Pharma’s EBITDA decreased to EUR 58m. As expected, the company experienced higher ramp-up costs compared to the prior year, a negative product mix impact, and saw FX-headwinds this fiscal year, while experiencing FX tailwinds last fiscal year. The resulting EBITDA margin amounted to 25.1%. At constant currencies, the EBITDA margin stood at 26.3%. The company is well on track to achieve the fiscal year guidance. 

The DDS segment greatly benefitted from trends, such as GLP-1 and subcutaneous administration, which almost fully compensated the temporarily lower demand for some applications of polymer syringes. This resulted in largely stable revenues of EUR 101m in the first quarter and a reduced EBITDA of EUR 34m. In addition, the EBITDA included scale-up costs for capacity expansions in glass syringes and a negative product mix impact.

In the DCS segment, the good performance was primarily driven by a high demand for its HVS portfolio such as sterile cartridges and coated, ready-to-use vials, translating to strong revenues of EUR 129m in Q1 2025. On-going cost efficiency measures overcompensated ramp-up costs, and resulted in an increased EBITDA of EUR 28m and an improved margin.

 

Innovating along key pharma trends

Broadening its portfolio, SCHOTT Pharma recently launched its next-generation polymer syringe system SCHOTT TOPPAC® infuse, which is primarily used in hospital environments. The system addresses critical challenges, including high levels of medication waste, inefficient manual processes, and storage constraints. It also improves patient safety and sustainability across the entire value chain.

The expected stronger growth in DCS will be enabled by high-value solutions, such as coated specialty vials for ADCs and ready-to-use cartridges for GLP-1 drugs, and drugs administered subcutaneously.

 

Expansion projects proceeding according to schedule 

To meet the increasing HVS demand in DCS, SCHOTT Pharma plans to further expand its manufacturing capacities for sterile cartridges.

Following the opening of the new production facility for prefillable glass syringes in Hungary in 2024, the company successfully completed audits from large key accounts and qualified products. Furthermore, SCHOTT Pharma expects commercial supply from its best-cost production site in Serbia to start by the end of the fiscal year 2025.

 

Outlook

SCHOTT Pharma confirms its fiscal year 2025 targets based on a stronger second half with higher revenues coming from additional production capacities in glass syringes and sterile cartridges to serve exciting contracts. Thus, the company projects strong revenue growth at constant currencies in the high single digits. SCHOTT Pharma forecasts an EBITDA margin approximately at the strong level of FY 2024 (26.9%) at constant currencies.

 For additional news about SCHOTT Pharma please visit our .


Key figures Q1 2025

(in EUR m) Q1 24 Q1 25 Δ yoy Q1 25 (cc2) Δ yoy (cc2)
Revenues 232 230 -1% 242 +4%
   DCS Revenues 129 129 0% 142 10%
   DDS Revenues 103 101 -2% 100 -4%
HVS revenue share 53% 55% +1pp    
EBITDA 73 58 -20% 64 -13%
   DCS EBITDA 27 28 5% 31 16%
   DDS EBITDA 40 34 -14% 33 -16%
EBITDA margin (in %) 31.3% 25.1% -6.1pp 26.3% -5.0pp
   DCS EBITDA margin 20.8% 21.9% 1.1pp 22.0% 1.1pp
   DDS EBITDA margin 38.3% 33.7% -4.6pp 33.4% -4.8pp
EBIT 58 39 -32%    
EBIT margin (in %) 25.0% 17.1% -7.9pp    
Earnings per share (in EUR) 0.29 0.19 -35%    
Cash flow from operating activities 66 24 -42    
Cash flow from investing activities -29 -21 +8    
Free cash flow 37 3 -34    
Total cash CAPEX -28 -21 +7    

 1The fiscal year runs from October to September. Q1 2025 therefore relates to the period from October 2024 to December 2024.
2CC = at constant currencies

 

Webcast

Andreas Reisse (CEO) and Dr. Almuth Steinkühler (CFO) will speak at an analyst and investor conference call at 11:00 a.m. CET on 13 February 2025 to discuss the Q1 2025 results. The audio webcast can be followed via a . The accompanying presentation can also be downloaded on the IR website:  


About SCHOTT Pharma

Human health matters. That is why SCHOTT Pharma designs solutions grounded in science to ensure that medications are safe and easy to use for people around the world. The portfolio comprises drug containment solutions and delivery systems for injectable drugs ranging from prefillable glass and polymer syringes to cartridges, vials, and ampoules. Every day, a team of around 4,700 people from over 60 nations works at SCHOTT Pharma to contribute to global healthcare. The company is represented in all main pharmaceutical hubs with 16 manufacturing sites in Europe, North and South America, and Asia. With over 1,000 patents and technologies developed in-house and a state-of-the-art R&D center in Switzerland, the company is focused on developing innovations for the future. SCHOTT Pharma AG & Co. KGaA is headquartered in Mainz, Germany and listed on the Frankfurt Stock Exchange as part of the MDAX. It is part of SCHOTT AG, which is owned by the Carl Zeiss Foundation. In light of this spirit, SCHOTT Pharma is committed to sustainable development for society and the environment and has the strategic goal of becoming climate-neutral by 2030. Currently, SCHOTT Pharma has over 1,800 customers including the top 30 leading pharma manufacturers for injectable drugs and generated revenue of EUR 957 million in the fiscal year 2024. Further information at

 

Press contact

Joana Kornblum

Media Relations

Tel.: 52

E-Mail:

 

Tobias Erfurth

Head of Investor Relations

E-Mail:

 

Jasko Terzic, CFA

Senior Manager Investor Relations

E-Mail:



13.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
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: SCHOTT Pharma AG & Co. KGaA
Hattenbergstraße 10
55122 Mainz
Germany
ISIN: DE000A3ENQ51
WKN: A3ENQ5
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
EQS News ID: 2085547

 
End of News EQS News Service

2085547  13.02.2025 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2085547&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
13/02/2025

Reports on SCHOTT Pharma AG

Oliver Metzger ... (+2)
  • Oliver Metzger
  • Stephan Wulf
Bruno Cavalier ... (+4)
  • Bruno Cavalier
  • Hela Zarrouk
  • Oliver Metzger
  • Roy Külter
CON CONTINENTAL AKTIENGESELLSCHAFT
FME FRESENIUS MEDICAL CARE AG
LUFTHANSA DEUTSCHE LUFTHANSA AKTIENGESELLSCHAFT
BMW BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT
FRA FRAPORT AG
TKA THYSSENKRUPP AG
WCH WACKER CHEMIE AG
DGE DIAGEO PLC
DB1 DEUTSCHE BOERSE AG
RNO RENAULT SA
ADS ADIDAS AG
G1A GEA GROUP AG
MC LVMH MOET HENNESSY LOUIS VUITTON SE
MTX MTU AERO ENGINES AG
CBK COMMERZBANK AG
RI PERNOD RICARD SA
UHR SWATCH GROUP LTD. BEARER
RMS HERMES INTERNATIONAL SCA
DAI DAIMLER AG
RCO REMY COINTREAU SA
HNR1 HANNOVER RUECK SE
GBF BILFINGER SE
UTDI UNITED INTERNET AG
RHM RHEINMETALL AG
ALV ALLIANZ SE
LXS LANXESS AG
GXI GERRESHEIMER AG
EL ESSILORLUXOTTICA SA
KCO KLOECKNER & CO SE
BRBY BURBERRY GROUP PLC
MRK MERCK KGAA
KER KERING SA
VNA VONOVIA SE
EOAN E.ON SE
BOSS HUGO BOSS AG
SDF K+S AG
ZAL ZALANDO SE
G24 SCOUT24 AG
BAS BASF SE
RWE RWE AG
HEI HEIDELBERGCEMENT AG
BAYN BAYER AG
VOW3 VOLKSWAGEN AG PREF
HEN3 HENKEL AG & CO. KGAA PREF
DTE DEUTSCHE TELEKOM AG
TLX TALANX AG
SY1 SYMRISE AG
01913 PRADA S.P.A.
COFB COFINIMMO SA
FIE FIELMANN AG
DEZ DEUTZ AG
AIXA AIXTRON SE
NDA AURUBIS AG
KRN KRONES AG
NEM NEMETSCHEK SE
AED AEDIFICA SA
LEG LEG IMMOBILIEN AG
KGX KION GROUP AG
MONC MONCLER SPA
CPINV CARE PROPERTY INVEST SA
BNR BRENNTAG SE
BC BRUNELLO CUCINELLI S.P.A.
CFR COMPAGNIE FINANCIERE RICHEMONT SA
RACE FERRARI NV
JUN3 JUNGHEINRICH AG PREF
FTG111 FLATEXDEGIRO AG
SIE SIEMENS AG
DUE DURR AG
SHL SIEMENS HEALTHINEERS AG
S92 SMA SOLAR TECHNOLOGY AG
JEN JENOPTIK AG
KBX KNORR-BREMSE AG
HAG HENSOLDT AG
CPR DAVIDE CAMPARI-MILANO N.V.
ENR SIEMENS ENERGY AG
AML ASTON MARTIN LAGONDA GLOBAL HOLDINGS
STLA STELLANTIS N.V.
FPE3 FUCHS PETROLUB SE
BEAN BELIMO HOLDING AG
DTG DAIMLER TRUCK
ZGN ERMENEGILDO ZEGNA NV
STM STABILUS SE
P911 DR. ING. H.C. F. PORSCHE AKTIENGESELLSCHAFT
TUI TUI AG
NCH2 THYSSENKRUPP NUCERA AG & CO.
SCHOTT PHARMA AG
R3NK RENK GROUP AG
QGEN QIAGEN N.V.
PFSE PFISTERER HOLDING SE
SHA SCHAEFFLER AG
TKMS TKMS AG & CO. KGAA
Bruno Cavalier ... (+4)
  • Bruno Cavalier
  • Hela Zarrouk
  • Oliver Metzger
  • Roy Külter
CON CONTINENTAL AKTIENGESELLSCHAFT
FME FRESENIUS MEDICAL CARE AG
LUFTHANSA DEUTSCHE LUFTHANSA AKTIENGESELLSCHAFT
BMW BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT
FRA FRAPORT AG
TKA THYSSENKRUPP AG
WCH WACKER CHEMIE AG
DB1 DEUTSCHE BOERSE AG
RNO RENAULT SA
ADS ADIDAS AG
G1A GEA GROUP AG
MC LVMH MOET HENNESSY LOUIS VUITTON SE
MTX MTU AERO ENGINES AG
CBK COMMERZBANK AG
UHR SWATCH GROUP LTD. BEARER
RMS HERMES INTERNATIONAL SCA
DAI DAIMLER AG
HNR1 HANNOVER RUECK SE
GBF BILFINGER SE
UTDI UNITED INTERNET AG
RHM RHEINMETALL AG
ALV ALLIANZ SE
LXS LANXESS AG
GXI GERRESHEIMER AG
EL ESSILORLUXOTTICA SA
KCO KLOECKNER & CO SE
FAGR FAGRON SA
BRBY BURBERRY GROUP PLC
MRK MERCK KGAA
KER KERING SA
ALLAN LANSON-BCC
VNA VONOVIA SE
EOAN E.ON SE
BOSS HUGO BOSS AG
SDF K+S AG
ZAL ZALANDO SE
G24 SCOUT24 AG
BAS BASF SE
RWE RWE AG
HEI HEIDELBERGCEMENT AG
BAYN BAYER AG
VOW3 VOLKSWAGEN AG PREF
HEN3 HENKEL AG & CO. KGAA PREF
DTE DEUTSCHE TELEKOM AG
TLX TALANX AG
SY1 SYMRISE AG
01913 PRADA S.P.A.
COFB COFINIMMO SA
FIE FIELMANN AG
DEZ DEUTZ AG
AIXA AIXTRON SE
NDA AURUBIS AG
KRN KRONES AG
NEM NEMETSCHEK SE
MMT METROPOLE TELEVISION SA
AED AEDIFICA SA
LEG LEG IMMOBILIEN AG
KGX KION GROUP AG
MONC MONCLER SPA
CPINV CARE PROPERTY INVEST SA
TWEKA TKH GROUP N.V. CERT
BNR BRENNTAG SE
BC BRUNELLO CUCINELLI S.P.A.
CFR COMPAGNIE FINANCIERE RICHEMONT SA
RACE FERRARI NV
JUN3 JUNGHEINRICH AG PREF
FTG111 FLATEXDEGIRO AG
SIE SIEMENS AG
DUE DURR AG
TGN SOCIETATEA NATIONALA DE TRANSPORT GAZE NATURALE TRANSGAZ S.A.
SHL SIEMENS HEALTHINEERS AG
S92 SMA SOLAR TECHNOLOGY AG
JEN JENOPTIK AG
KBX KNORR-BREMSE AG
HAG HENSOLDT AG
ENR SIEMENS ENERGY AG
AML ASTON MARTIN LAGONDA GLOBAL HOLDINGS
STLA STELLANTIS N.V.
FPE3 FUCHS PETROLUB SE
DTG DAIMLER TRUCK
ZGN ERMENEGILDO ZEGNA NV
STM STABILUS SE
P911 DR. ING. H.C. F. PORSCHE AKTIENGESELLSCHAFT
TUI TUI AG
NCH2 THYSSENKRUPP NUCERA AG & CO.
SCHOTT PHARMA AG
R3NK RENK GROUP AG
QGEN QIAGEN N.V.
PFSE PFISTERER HOLDING SE
SHA SCHAEFFLER AG
TKMS TKMS AG & CO. KGAA

ResearchPool Subscriptions

Get the most out of your insights

Get in touch