Sartorius up 9% in early trade on Q1 results beat

Sartorius AG

16/04/2025 07:39

** Sartorius' SATG.DE stock rises 9% in early Frankfurt trade after the pharmaceutical equipment supplier posted Q1 results above market expectations

** Underlying EBITDA came in at 263 million euros ($298.98 million), above analysts' estimates of 234.4 million euros according to a consensus compiled by Vara Research

** The group's book-to-bill ratio came in well above 1, it added, which should reassure the market of a continued recovery, analysts at Jefferies say

** Given the strong results "we expect the shares to outperform by at least 10% today,", analysts at J.P.Morgan say

($1 = 0.8797 euros)

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))