Sartorius, a leading international laboratory and process equipment provider, successfully closed the year 2010, with strong gains in revenue and earnings. At the annual press conference, Group CEO Dr. Joachim Kreuzburg, satisfied with the company’s 2010 results, stated: “The Group has grown significantly and is operating at a strong level of profitability. Also in view of our very solid key financials, we see ourselves in a position to further develop our company at a dynamic pace.” For the current fiscal year, Dr. Kreuzburg expects Group sales to grow organically by 6 to 8 % in constant currencies and the operating EBITA margin to reach approximately 14%. “Besides taking further strides in achieving sales and earnings growth, we have also set out to accomplish a number of challenging structural and strategic projects in 2011,“ continued Dr. Kreuzburg. These include transforming the Group into a management holding company, intermeshing the lab business activities of both divisions and further growing this business based on our cross-divisional strategy, as well as further enhancing operational excellence.
Sartorius generated consolidated sales revenue of 659.3 million in fiscal 2010. This equates to an increase of 9.5 % (constant currencies: 6.4 %). The gain in order intake was even stronger: It jumped 10.7 % to 681.1 million euros (constant currencies: 7.5 %). Both Group divisions and all regions contributed to this dynamic business development.
Regionally, Sartorius grew the strongest in Asia/Pacific. Here, sales revenue surged 17.6 % in constant currencies; order intake soared 26.8 %. These figures reaffirm the company’s strategy of actively participating in growth regions such as China and India early on. In North America as well, Sartorius posted significant gains: Sales rose at a double-digit rate of 11.0 % in constant currencies; order intake, at 4.5%. Because of an extraordinary effect on business in the year before, sales revenue in Europe edged up only by 0.3 % in constant currencies; order intake in this region grew 4.9 %.
Share:
