Avantor Results Presentation Deck
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M&A update
MASTERFLEX
Integration activities on schedule, successful ERP
transition for EU and AMEA
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Transaction updates
Component availability and China lockdown
impacted Q2 revenue; order book remains very strong
RITTER
MASTERIES
Launched Masterflex MasterSense Bulk Transfer
pump, additional product launches planned for 2H
First year complete
Weaker Euro and stronger COVID headwinds
Good traction on new product introductions and
commercial synergies
avantor™
Revenue
Adj. EBITDA
Adj. EPS
M&A contribution¹
Q2'22
Actual
$102M
$32M
$0.01
FY 2022
Estimate²
>$450M
>$155M
>$0.06
Ongoing conviction in strategic and financial rationale for acquisitions
1. Financial contribution from 3 entities acquired in 2021 (Masterflex, Ritter, RIM Bio). Includes legacy Masterflex sales through Avantor channel.
2. Updated to reflect FY blended USD/EUR exchange rate of 1.06 (current estimate) versus 1.09 (estimate at time of Q1 earnings call).
M&A headwinds:
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Foreign
exchange
COVID ramp
down
China
lockdowns &
supply chain
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