Avantor Results Presentation Deck
Q3 highlights
Lami
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STRONG EXECUTION IN DYNAMIC ENVIRONMENT
Revenue, adjusted EBITDA and adjusted EPS in line with guidance
Strong free cash flow conversion of >110%, >$650M of debt paydown YTD
Leveraging Avantor Business System to offset persistent headwinds
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ACTIONS TO DRIVE GROWTH AND PERFORMANCE
Enhanced commercial intensity drove new contract wins and significant renewals
Continued innovation focus including creation of Scientific Advisory Board
Sustained focus on productivity and operational efficiency
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LOOKING AHEAD
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Expect similar market conditions in Q4
Reaffirming FY23 revenue guidance, modifying adjusted EPS range, and raising
free cash flow guidance
Confident in long-term outlook driven by solid end market fundamentals, proven
platform and targeted growth strategy
Navantor™
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