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Stevanato Group Q4 Profit Drops - Update

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

(Adds Outlook)

For the full year, Stevanato Group S.p.A (STVN) expects adjusted income per share of 0.62 euro to 0.66 euro, with adjusted EBITDA of 314.1 million euros to 329.5 million euros, on revenue of 1.180 billion euros to 1.210 billion euros.

For the fourth quarter, Stevanato Group reported a profit that decreased from the same period last year

The company's bottom line came in at Euro45.2 million, or Euro0.17 per share. This compares with Euro48.3 million, or Euro0.18 per share, in last year's fourth quarter.

Excluding items, Stevanato Group S.p.A reported adjusted earnings of Euro47.1 million or Euro0.18 per share for the period.

The company's revenue for the quarter rose 9.8% to Euro320.6 million from Euro292.1 million last year.

Stevanato Group S.p.A earnings at a glance (GAAP) :

-Earnings (Q4): Euro45.2 Mln. vs. Euro48.3 Mln. last year.
-EPS (Q4): Euro0.17 vs. Euro0.18 last year.
-Revenue (Q4): Euro320.6 Mln vs. Euro292.1 Mln last year.

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