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SRT3 Sartorius AG News Story

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Brief: Sartorius Sharpens Guidance After 9M Sales Revenue Growth

Oct 16 (Reuters) - SARTORIUS AG SATG.DE:

SHARPENS GUIDANCE AFTER SIGNIFICANTLY PROFITABLE SALES REVENUE GROWTH IN THE FIRST NINE MONTHS

REPORTS 7.5% SALES REVENUE GROWTH IN FIRST NINE MONTHS

UNDERLYING EBITDA UP 13%, MARGIN AT 29.7%

EXPECTS 7% SALES GROWTH, EBITDA MARGIN ABOVE 29.5%

9M UNDERLYING NET PROFIT UP 17% TO 244 MILLION EUROS

9-MONTH SALES REVENUE 2.6 BILLION EURO

FY OUTLOOK: SALES REVENUE GROWTH AT GROUP LEVEL OF AROUND 7 PERCENT (PREVIOUSLY: AROUND 6 PERCENT)

FY OUTLOOK: UNDERLYING EBITDA MARGIN AT GROUP LEVEL OF SLIGHTLY ABOVE 29.5 PERCENT (PREVIOUSLY: AROUND 29 TO 30 PERCENT)

Source text: ID:nEQ2Krjgya

Further company coverage: SATG.DE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com ; +48 587785269;;))

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