Sartorius's fiscal year 2023 was a challenging one with a significant decline in profits reported for the equity holders of Sartorius AG. The figures dipped to 205.2 million euros, a substantial decrease from the preceding year's 678.1 million euros. This reduction also affected the earnings per share, which shrunk to 2.99 euros from 9.91 euros the previous year.
The company's net profit relevant to its shareholders also suffered a setback, falling by 48.3% to 338.5 million euros. Concurrently, the underlying earnings per ordinary share saw a 48.4% decrease, dropping to 4.94 euros from 9.57 euros.
The 2023 fiscal year also brought a decrease in the Group's sales revenue, which decreased by 16.6% in constant currency terms, amounting to 3.40 billion euros. The intake of orders similarly dwindled to 3.07 billion euros, marking a 23.5% decline.
However, the company's management remains optimistic, forecasting profitable growth for the 2024 fiscal year.
