Avantor Results Presentation Deck
Continuing to navigate macroeconomic environment
MACRO
TREND
SINCE Q1:
AVANTOR
UPDATE:
og
Global
economy
Q2 and 1H core organic
growth >6%
Consumables-focused,
specification-driven
business model yields
resiliency; -85%
recurring revenue
avantor™
O
FX / interest
rates
Q2 FX headwinds of
4.4% for revenue and
~$0.02 for EPS¹
Actively mitigating near-
term interest rate risk; no
significant maturities
until 2025
Flam
COVID
31
COVID-19 ramp down
accelerating; ~4%
headwind in Q2 and ~3%
for FY
China lockdown created
~50 bps headwind to
organic growth in Q2
Inflation
Q2 and 1H margin
expansion ~140 bps,
above target
Commercial excellence,
proprietary order book,
and M&A contribution
support continued
momentum
Committed to delivering 4-6% organic growth for FY 2022
IMPROVED
COMPARABLE
WORSENED
Supply
chain
Episodic supply chain
constraints continue
Investments driving
improvements to lead
times and backlogs
1. FX adjustment calculated based on FY blended USD/EUR exchange rate of 1.06 (current estimate) versus 1.20 (estimate at time of Q2'21 earnings call).
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