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Stevanato Group reports first quarter 2022 financial results

Post Time:May 12,2022Classify:Company NewsView:1127

Stevanato Group has announced its financial results for the first quarter of 2022.

First Quarter 2022 Highlights (compared to the same period last year)

  • First quarter revenue increased 10 percent to EUR 212.1 million, diluted earnings per share were EUR 0.10 and adjusted diluted earnings per share were EUR 0.11

  • Adjusted EBITDA totalled EUR 54.0 million with an adjusted EBITDA margin of 25.5 percent

  • Backlog increased 49 percent to approximately EUR 992.2 million,

  • Revenue from high value solutions increased to approximately 29 percent of total revenue

  • The Company is maintaining its full year guidance.

Source: glassonlineAuthor: shangyi

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