Avantor Investor Conference Presentation Deck
Disclaimer
FORWARD-LOOKING STATEMENTS
This presentation contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934 and are subject to the safe harbor created thereby under the Private
Securities Litigation Reform Act of 1995. All statements other than statements of
historical fact included in this presentation are forward-looking statements.
Forward-looking statements discuss our current expectations and projections
relating to our financial condition, results of operations, plans, objectives, future
performance and business. These statements may be preceded by, followed by or
include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "likely," "outlook," "plan," "potential," "projection," "continue," "goal,"
"objective," "opportunity," "near-term," "long-term," "assumption," "project,"
"guidance," "target," "trend," "seek," "can," "could," "may," "should," "would," "will," the
negatives thereof and other words and terms of similar meaning.
Forward-looking statements are inherently subject to risks, uncertainties and
assumptions; they are not guarantees of performance. You should not place undue
reliance on these statements. We have based these forward-looking statements on
our current expectations and projections about future events. Although we believe
that our assumptions made in connection with the forward-looking statements are
reasonable, we cannot assure you that the assumptions and expectations will prove
to be correct. Factors that could contribute to these risks, uncertainties and
assumptions include, but are not limited to, the factors described in "Risk Factors" in
our most recent annual report on Form 10-K and subsequent quarterly reports on
Form 10-Q. All forward-looking statements attributable to us or persons acting on
our behalf are expressly qualified in their entirety by the foregoing cautionary
statements. In addition, all forward-looking statements speak only as of the date of
this presentation. We undertake no obligations to update or revise publicly any
forward-looking statements, whether as a result of new information, future events or
otherwise other than as required under the federal securities laws.
NON-GAAP FINANCIAL MEASURES
To evaluate our performance, we monitor a number of key indicators at the
consolidated level and, in certain cases, at the segment level. As appropriate, we
supplement our results of operations determined in accordance with U.S. generally
accepted accounting principles ("GAAP") with certain non-GAAP financial
measurements that are used by management, and which we believe are useful to
investors, as supplemental operational measurements to evaluate our financial
performance. Such non-GAAP financial measures include adjusted EBITDA, adjusted
EPS, adjusted operating margin, free cash flow and organic revenue growth. These
measurements should not be considered in isolation or as a substitute for reported
GAAP results because they may include or exclude certain items as compared to
similar GAAP-based measurements, and such measurements may not be
comparable to similarly titled measurements reported by other companies. Rather,
these measurements should be considered as an additional way of viewing aspects
of our operations that provide a more complete understanding of our business.
Definitions of these measures and, for historical periods, a reconciliation to the most
directly comparable financial measure calculated and presented in accordance with
GAAP are provided on our website, www.ir.avantorsciences.com.
We do not provide GAAP financial measures on a forward-looking basis because we
are unable to predict with reasonable certainty and without unreasonable effort
items such as acquisition-related charges, the costs associated with integrating
acquired businesses, the timing and amount of future restructuring actions, and the
early retirement of debt.
Trademarks are owned by Avantor, Inc. or its subsidiaries, unless otherwise noted. ©2023 Auantor, Inc. All rights reserved.
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