Sartorius Q1 earns 223.1 million euros

In 2014, Sartorius achieved a very good start, with orders for the first quarter amounting to €246.3 million. Sales revenue increased by 6.3% to 223.1 million euros, compared to 214.3 million euros in the same period last year. Despite the negative impact of monetary policy, Sartorius’ profit grew by 2% in the first quarter and its gross margin was 18%.

According to Joachim Kreuzburg, CEO of Sartorius Group, “In the first three months, the overall development of the Group is proceeding according to plan. Our biological process technology department is still the main driving force for the Group’s revenue and profitability. In addition to the proceeds from disposable products, The cell culture media products and disposable bioreactors that we acquired last year also have a very good market demand. In the laboratory product service department, due to the elimination of some non-strategic products in its product line, and as expected In the same way, its revenue has also been reduced, and it is expected that the income of this part of the business will rebound in the second half of this year. Although the profitability of the group is in line with our expectations, the changes in the exchange rate will also have an impact on our revenue as compared to last year. ."

Orders from the bioprocess technology sector increased by 5.3% to 158.1 million euros, and sales revenue increased by 16.9% to 137.7 million euros. In addition to the strong revenue from the disposable product business, the recent acquisition of cell culture media products and small bioreactors is an important reason for the growth of the departmental business.

In the laboratory's product service department, orders increased by 5.4% to 65.3 million euros. However, its sales revenue was only 0.637 billion euros, a decrease of 4.7% from the same period of last year. As expected, the adjustment of the product line has an impact on sales revenue; in addition, changes in the market environment, especially the demand in the Asian market, are lower than expected and have an impact on the sector’s revenue.

As for the smallest business segment, the Ministry of Industry and Technology, that is, the former industrial weighing, the order volume was 0.229 billion euros, a slight increase from the same period of last year, but its sales revenue dropped by 13.6% to only 0.217 million euros.

From a regional perspective, the strongest growth of Sartorius came from North America, reaching 18.4%, of which the acquired product business has played an important role. In Asia, revenue increased by 7.0%; in Europe, sales revenue increased by 4.7%.