Avantor Results Presentation Deck
1
Core Organic Growth & Adjusted EBITDA (Quarterly)
USD in millions
Total Avantor, Global
GAAP consolidated net sales
Core organic growth
COVID Impact
Organic growth
M&A Impact
FX Impact
Reported net sales growth
GAAP gross profit
Adjustments for Ritter & Masterflex¹
Adjusted gross profit (non-GAAP)
GAAP SG&A expense
Amortization
Acquisition/Integration-related expenses2,3
Purchase accounting adjustments4
Other stock-based compensation (expense) benefit
Restructuring & severance charges5
Reserve for certain legal matters
Impairment charges
Adjusted SG&A expense (non-GAAP)
Other reconciliation items
Depreciation
Loss on extinguishment of debt
Net foreign currency loss (gain) from financing activities
Receipt of disgorgement penalty?
Total other adjustments
Adjusted EBITDA (non-GAAP)
Navantor™
1Q22
$1,950
$
$130
(39)
$91
117
(43)
$165
$
1Q22
690
$690
383
(92)
(4)
4
1
(2)
22
22
%
7.3%
-2.2%
5.1%
6.6%
-2.5%
9.2%
O
$24
%
35.4%
0.0%
35.4%
0.0%
$291 14.9%
19.6%
-4.7%
-0.2%
0.2%
0.1%
-0.1%
0.0%
1.1%
0.1%
0.0%
0.0%
1.2%
$423 21.7%
$
$118
(75)
$42
91
(81)
$52
2Q22
$1,911
2Q22
$
648
(14)
$662
0
(1)
352 18.4%
(68)
(3)
-3.5%
-0.2%
0.0%
0.0%
22
6
%
6.4%
-4.1%
2.3%
4.9%
-4.4%
2.8%
1
$29
%
0.0%
$281 14.7%
$404
33.9%
-0.7%
34.6%
0.0%
0.0%
1.1%
0.3%
0.0%
0.0%
1.5%
21.2%
$
$141
(59)
$82
47
(107)
$22
$
3Q22
$1,857
3Q22
651
375
(80)
(6)
35.0%
0.0%
$651 35.0%
2
(1)
21
3
(1)
%
7.8%
-3.3%
4.5%
2.5%
-5.8%
1.2%
$23
%
-0.1%
0.0%
0.0%
$289 15.6%
$384
20.2%
-4.3%
-0.3%
0.0%
0.1%
1.1%
0.2%
-0.1%
0.0%
1.2%
20.7%
4Q22
$1,795
$
%
$52 2.7%
(92) -4.8%
($40) -2.1%
14
0.7%
(87) -4.5%
($113)
-5.9%
$
4Q22
615
(1)
$615
363
(79)
(5)
0
$279
22
2
7
$31
$360
%
34.2%
0.0%
34.3%
20.2%
-4.4%
-0.3%
0.0%
0.0%
0.0%
0.0%
0.0%
15.6%
1.2%
0.1%
0.4%
0.0%
1.7%
20.0%
1Q23
$1,780
$
($35)
(93)
($128)
0
(42)
($170)
$
1Q23
625
$625
394
(78)
(9)
(0)
(5)
23
%
-1.8%
-4.8%
-6.6%
0.0%
-2.1%
-8.7%
2
(0)
$25
%
-0.3%
0.0%
0.0%
$302 16.9%
35.1%
0.0%
35.1%
22.1%
-4.4%
-0.5%
0.0%
0.0%
1.3%
0.1%
0.0%
0.0%
1.4%
$346 19.4%
2Q23
$1,744
$
($124)
(50)
($174)
0
8
%
-6.5%
-2.6%
-9.1%
0.0%
0.4%
($167) -8.7%
$
2Q23
590 33.8%
0.0%
33.8%
$590
$518
(79)
1
0
(7)
(1)
24
2
(2)
%
$24
(161)
-9.2%
$271 15.5%
$343
29.7%
-4.5%
0.0%
0.0%
0.0%
-0.4%
-0.1%
1.4%
0.1%
-0.1%
0.0%
1.4%
19.7%
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