Report
Oliver Metzger

SARTORIUS AG : Q3 review – Stabilisation seen, order intake better

>Q3 review – Results slightly below expectations, order intake better - Q3 revenues of € 794m (-2.1% y-o-y, -2%/-2% vs ODDO BHF/consensus) were impacted by a constant-currency sales decline of -1.7% including 250bp coming from external growth. Sartorius reported that customers have largely completed their destocking programmes. The order intake of € 768m (+2.2% y-o-y) was up 2.9% at constant currencies and 2% ahead of our expectations, which we rate as positive. Henc...
Underlying
Sartorius AG Pref

Provider
Oddo BHF
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.

Analysts
Oliver Metzger

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch