Stevanato Group Investor Presentation
FY 2023 Segment Performance
Biopharmaceutical and Diagnostic Solutions Segment (BDS)¹
REVENUE*
(€ Million)
GROSS PROFIT
MARGIN
(%)
+10%
800
879
FY 2022
FY 2023
34.3
32.9
FY 2022
FY 2023
Revenue increased 11% on a CC basis driven by growth in core Drug Containment Solutions
business, despite €93M drop in revenue related to Covid-19 and industry-wide destocking
headwinds
• HVS revenue grew 25%, representing 34% of total revenue
• Revenue from other containment and delivery solutions grew 1%
Gross profit margin decreased due to lower EZ-fillⓇ vial volumes, temporary inefficiencies
tied to start-up, higher depreciation, FX, and short-term underutilization on some vial lines
Engineering Segment¹
+12%
REVENUE
(€ Million)
184
206
FY 2022
FY 2023
GROSS PROFIT
MARGIN
(%)
SG, Stevanato Group
21.6
FY 2022
21.0
Revenue increased 12% driven by higher sales in visual inspection systems, assembly and
packaging machines and after-sales support services.
Gross profit margin decrease due to lower marginality on specific projects in process
→ managing through a large volume of work in progress. Our main priority for 2024 is
execution and shortening lead times
FY 2023
All comparisons refer to FY 2022 unless otherwise specified. Rounded figures
Stevanato Group Investor Presentation, March 2024
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