Sales revenue up 61.1 percent to 655 million euros; underlying EBITDA margin 35.4 percent
A good 23 percentage points of growth contributed by the coronavirus pandemic
Accelerated expansion of production capacities in all regions on track as planned
Sartorius Stedim Biotech, a leading partner of the biopharma industry, had an exceptionally strong start to fiscal 2021 and grew substantially in order intake
1, sales revenue and earnings. This was fueled by strong fundamental growth, additional business from vaccine manufacturers, and acquisitions. Many of our products play an essential role in helping to overcome the pandemic. In addition to a very positive general business performance in the first quarter, we accordingly experienced strong demand for our products and technologies used in the production of vaccines and achieved a sharp increase in sales. The substantial rise in the company s profit margin was also supported by underproportionate development of costs, s
Sartorius with first-quarter uptick in sales and earnings
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First-quarter results of Sartorius Stedim Biotech
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First-quarter results of Sartorius Stedim Biotech
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Sartorius is a corporate partner of the Healthcare Businesswomen s Association
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GÖTTINGEN, Germany, March 6, 2021 /PRNewswire/ The life science group Sartorius has joined the Healthcare Businesswomen s Association (HBA) as a corporate partner. The purpose of this global non–profit organization founded in the USA is to promote women s business networks and career advancement in the life sciences, thus achieving gender parity in leadership positions in this sector. The HBA has more than 10,000 individual members and around 150 corporate partners. Besides offering career conferences and education, the organization provides a mentoring program in which a tandem of women at different career levels and from different healthcare companies network to consult on career development topics. Sartorius active engagement in the Healthcare Businesswomen s Association came about at the suggestion of the Group s own women s network initiat