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SARTORIUS AG : Destocking cycle takes longer – no relief before Q3
>Guidance cut following uncertainty at customers - On the back of weak demand of customers and ongoing inventory destocking of customers, Sartorius lowered its FY 2023 guidance to a revenue decline in the low to mid-teens percentage range (previously: low single-digit percentage growth) and to an EBITDA margin of around 30% (from around 34% before). Most of the reduction in the guidance comes from the bioprocess solution segment, which experiences higher volatility an...
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Sartorius AG Pref
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Oliver Metzger
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