Sartorius Sunk by Short-Sellers as Profit Declines bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
At laboratory and pharmaceutical supplier Sartorius, the hoped-for upturn is likely to be some time coming. In the coming quarters, the recovery will take hold only slowly, Group CEO Joachim Kreuzburg.
EARNINGS/SALES RELEASESSartorius Stedim reported weak Q3 23 preliminary numbers while also issuing a second profit warning for FY23, citing a longer-than-expected inventory rationalisation and the.
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict.
n By Andrea Figueras Shares in Sartorius tumbled Friday after the company downgraded its full-year targets and posted lower preliminary sales and earnings for the first nine months of 2023..