Avantor Q2 results beat, raises 2026 outlook

Avantor

29/07/2026 11:13

Overview
Life science tools provider's Q2 sales rose 0.5%, beating analyst expectations
Adjusted EPS for Q2 was $0.21, above analyst consensus
Company raised FY 2026 organic revenue growth and adjusted EPS guidance

Outlook
Avantor raises FY 2026 organic revenue growth guidance to -0.5% to +0.5%
Company lifts FY 2026 adjusted EPS forecast to $0.80-$0.83
Avantor maintains FY 2026 adjusted EBITDA margin outlook at 14.8%-15.3% and free cash flow at $500 mln-$550 mln

Result Drivers
REVIVAL PROGRAM - Co said its Revival program improved customer service and business performance, per CEO Emmanuel Ligner
VWR DISTRIBUTION & SERVICES - Segment returned to positive organic revenue growth sooner than expected, per CEO Emmanuel Ligner
BIOSCIENCE & MEDTECH PRODUCTS - Segment performed near high end of expectations but organic sales declined 5.6% year-on-year

Company press release: ID:nPnffH9Ra

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.69 bln
$1.61 bln (15 Analysts)
Q2 Adjusted EPS
Beat
$0.21
$0.19 (16 Analysts)
Q2 Net Income
 
$38.10 mln
 
Q2 Gross Profit
 
$537 mln
 
Q2 Operating Income
 
$121.80 mln
 
Q2 Pretax Profit
 
$81.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 14 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Avantor Inc is $10.50, about 15.5% below its July 28 closing price of $12.42
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
July 28 - Repligen Q2 revenue beats estimates on higher orders; raises outlook
July 28 - IQVIA raises annual profit forecast on clinical research demand
July 28 - UK's Croda H1 sales rise on Consumer Care growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)