Stevanato Group has announced its financial results for the first quarter of 2022.
First Quarter 2022 Highlights (compared to the same period last year)
- First quarter revenue increased 10 percent to EUR 212.1 million, diluted earnings per share were EUR 0.10 and adjusted diluted earnings per share were EUR 0.11
- Adjusted EBITDA totalled EUR 54.0 million with an adjusted EBITDA margin of 25.5 percent
- Backlog increased 49 percent to approximately EUR 992.2 million,
- Revenue from high value solutions increased to approximately 29 percent of total revenue
- The Company is maintaining its full year guidance.