logo
Share SHARE
FONT-SIZE Plus   Neg

Sartorius Q1 Adj. Profit Improves; Reaffirms 2012 Outlook - Quick Facts

Sartorius (SDMHF.PK) said its first-quarter adjusted consolidated net profit after non-controlling interest, excluding non-cash amortization and valuation of hedging instruments, surged to 14.2 million euros or 0.83 euros per share from 10.6 million euros or 0.62 euros per share in the same quarter a year earlier.

Sales revenue for the three-month period climbed to 208.1 million euros from 172.1 million euros in the previous year.

Order intake for the quarter was 220 million euros versus 193.5 million euros a year ago.

Going ahead, based on the company's first-quarter performance, management confirms its guidance for sales and earnings growth for the current fiscal year. The company thus anticipates that full-year sales will grow by about 10% in constant currencies. Around five percentage points of this gain are forecast to be generated by the initial consolidation of the Biohit liquid handling business. Besides, management continues to project that operating EBITA will likewise increase by around 10%.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Several flights to the Indonesian tourist island Bali were canceled due to volcanic ashes from the Mount Raung. Virgin airlines canceled all the flights to Denpasar Airport, while Jetstar rescheduled three flights to Perth and Melbourne in Australia. Activision Blizzard reported a better-than-expected increase in second-quarter profit, as the video game publisher saw robust growth in digital channels, penetration in China and improved margins. It lifted its guidance for 2015, sending its shares up... Diversified media and entertainment conglomerate Walt Disney Co. said Tuesday after the markets closed that its third quarter profit rose 11% from last year, driven mainly by strong earnings growth at its film and consumer products divisions. The company's quarterly earnings per share came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.
comments powered by Disqus
Follow RTT