Capital Markets Tutorial | November 2022:
Bioanalytics | Cell Culture Media | Chromatography
Capital Markets Tutorial: Bioanalytics
Gerry Mackay, Fiona Coats
Lab Products & Services (LPS): premium supplier for Life Science research and quality control labs
~€720mn
Sales revenue 2021
17.6%
Sales CAGR1 2016-2021
26.1%
EBITDA margin2 2021
~50%
Recurring revenue
Portfolio includes lab instruments, consumables, software and services
Bioanalytics | Lab instruments | |||
Lab consumables
1 In constant currencies 2 Excluding extraordinary items
3
Continuous transition to a higher growth and profitability profile for LPS
LPS sales revenue, € in millions; EBITDA margin1 in %
00.0 | CAGR2 17.6% | |||||||||||||||||
722.2 | ||||||||||||||||||
700.0 | 26.1 | |||||||||||||||||
00.0 | ||||||||||||||||||
00.0 | ||||||||||||||||||
00.0 | ||||||||||||||||||
325.3 | ||||||||||||||||||
300.0 | 16.0 | |||||||||||||||||
200.0 | ||||||||||||||||||
100.0 | ||||||||||||||||||
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |||||||||||||
30.0
28.0
26.0
24.0
22.0
20.0
18.0
16.0
14.0
Growth drivers
Sales & Marketing pivot to attractive segments and regions
Attractive portfolio mix coupled with M&A
Launch of innovative products
Improved brand awareness
1 Excluding extraordinary items 2 In constant currencies
4
Focus on attractive Life Science market and more balanced regional profile
Sales revenue share by segment, 2021 vs. 2017
2021 | |
Life Science | Applied |
research | research |
~55% (~42%) | ~45% (~58%) |
2017 | |
of which | |
Bioanalytics | |
>30pp (~14pp) |
Sales revenue share by geography, 2021 vs. 2017
2021
Americas | EMEA |
~32% (~25%) | ~39% (~48%) |
2017 |
Asia|Pacific ~29% (~27%)
5
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Sartorius AG published this content on 22 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2022 08:55:05 UTC.