Report
SARTORIUS AG : Q1 with a strong and better-than-expected start to FY 2022
>Sales 6% better than we had estimated - The company had a strong start to FY 2022, with sales growth of 29.5% y-o-y (25.4% y-o-y excl. FX). While we estimated a +4% y-o-y FX effect, the underlying performance was 6% better than we had expected. The key driver was Bioprocess Solutions with 33% y-o-y sales growth, 7% better than forecasted. LPS showed also a good performance with 17% y-o-y sales growth, which was only 1% better than estimated though. We are also posit...
Underlying
Sartorius AG Pref
Provider
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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