Thermo Fisher and Danaher rise after peer Sartorius' results beat

Sartorius AG

28/01/2025 12:43

** Shares of life sciences firms Thermo Fisher Scientific
 TMO.N  and Danaher  DHR.N  rise over 2% in premarket trade
    ** Franco-German peer Sartorius'  SATG.DE  Q4 orders in its
key bioprocess solutions division (BPS) rose 23.1% to 856.7
million euros
    ** SATG also reports annual underlying earnings before
interest, tax, depreciation and amortisation (EBITDA) of 945 mln
euros ($984.78 mln), topping a Vara consensus estimate of 932.7
mln
    ** With the significant orders beat and another quarter of
sequential BPS order improvement, we view the SATG results as a
positive data point for AVTR, DHR and TMO, and expect the group
to trade well - brokerage Citi Research
    ** Shares of Avantor  AVTR.N  were up marginally premarket
    ** In 2024, AVTR fell 7.7%, DHR fell 0.8% and TMO fell 2%


($1 = 0.9596 euros)

 (Reporting by Puyaan Singh)
 ((Puyaan.Singh@thomsonreuters.com;))