{ "docId": "019de516-1071-711c-8dea-c5b0ed353aba", "docSlug": "594a455655a796a35e9638bda55aef6b", "documentTitle": "Avantor | Results Presentation Deck | 13 slides", "authorId": "avantor", "authorName": "Avantor", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-07-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 6, "pageCount": 13, "prevPage": 5, "nextPage": 7, "slideType": "kpi_overview", "function": "analyze_data", "density": "dense", "nDataPoints": 288, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-1071-711c-8dea-c5b0ed353aba/6", "deckHref": "/decks/019de516-1071-711c-8dea-c5b0ed353aba", "deckJsonHref": "/decks/019de516-1071-711c-8dea-c5b0ed353aba.json", "deckAnchorHref": "/decks/019de516-1071-711c-8dea-c5b0ed353aba#slide-6", "components": [ { "bbox": { "h": 0.013, "w": 0.079, "x": 0.076, "y": 0.129 }, "kind": "paragraph", "text": "USD in millions", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "95520084-e425-4471-ac0b-984f2965f8b6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.459, "x": 0.294, "y": 0.952 }, "kind": "source-note", "text": "Note: the sum of Americas, Europe, and AMEA does not equal Total, Avantor. Does not include corporate-level expenses", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6ac91121-3f9d-4ef7-98ba-f75bc4983a69", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.76, "w": 0.676, "x": 0.16, "y": 0.16 }, "kind": "table", "text": "Americas GAAP consolidated net sales 1Q22 $1,143 2Q22 $1,157 3Q22 $1,123 4Q22 $1,048 1Q23 $1,032 2Q23 $1,026 Core organic growth $81 7.8% $87 8.1% $92 8.8% $1 0.1% ($43) -3.7% ($102) -8.8% COVID Impact (19) -1.8% (42) -3.8% (40) -3.9% (45) -4.1% (65) -5.7% (28) -2.4% Organic growth $62 6.0% $45 4.3% $52 4.9% ($44) -4.1% ($108) -9.4% ($130) -11.2% M&A Impact 47 4.6% 45 4.2% 31 2.9% 10 0.9% 0 0.0% 0 0.0% FX Impact (1) -0.1% (4) -0.4% (4) -0.3% (5) -0.5% (4) -0.3% (1) -0.1% Reported net sales growth $108 10.5% $87 8.1% $78 7.5% ($39) -3.6% ($111) -9.7% ($131) -11.3% Adjusted EBITDA (non-GAAP) $294 $290 $262 $231 $240 $247 Adjusted EBITDA margin 25.7% 25.1% 23.4% 22.0% 23.3% 24.1% Adjusted EBITDA margin growth (~bps) 140 bps 160 bps 80 bps 10 bps -240 bps -95 bps Europe GAAP consolidated net sales 1Q22 $680 2Q22 $624 3Q22 $595 4Q22 $617 1Q23 $630 2Q23 $607 Core organic growth $41 6.3% $31 4.7% $32 4.8% $43 6.3% $7 1.0% ($11) -1.8% COVID Impact (24) -3.7% (33) -4.9% (26) -3.8% (42) -6.1% (24) -3.6% (17) -2.7% Organic growth $17 2.6% ($2) -0.2% $7 1.0% $1 0.2% ($17) -2.6% ($28) -4.5% M&A Impact 52 8.1% 31 4.6% 7 1.1% 2 0.3% 0 0.0% 0 0.0% FX Impact (40) -6.1% (71) -10.7% (93) -13.9% (72) -10.5% (33) -4.8% 11 1.8% Reported net sales growth $30 4.6% ($42) -6.3% ($80) -11.8% ($69) -10.1% ($50) -7.4% ($17) -2.7% Adjusted EBITDA (non-GAAP) $143 $119 $130 $131 $122 $111 Adjusted EBITDA margin 21.1% 19.1% 21.9% 21.2% 19.3% 18.3% Adjusted EBITDA margin growth (~bps) 90 bps 50 bps 180 bps -40 bps -180 bps -80 bps AMEA GAAP consolidated net sales 1Q22 $127 2Q22 $130 3Q22 $138 4Q22 $130 1Q23 $118 2Q23 $111 Core organic growth $9 8.6% ($0) -0.3% $17 15.1% $8 5.7% $1 1.0% ($11) -8.7% COVID Impact 3 3.1% (1) -1.0% 7 5.7% (5) -3.5% (4) -3.3% (5) -3.9% Organic growth $12 11.7% ($2) -1.3% $24 20.8% $3 2.2% ($3) -2.3% ($16) -12.6% M&A Impact 18 17.7% 15 11.8% 9 7.8% 2 1.5% 0 0.0% 0 0.0% FX Impact (3) -2.8% (6) -4.6% (9) -8.0% (9) -6.7% (6) -4.4% (2) -1.8% Reported net sales growth $27 26.6% $7 5.9% $24 20.6% ($4) -3.1% ($9) -6.7% ($19) -14.4% Adjusted EBITDA (non-GAAP) $29 $36 $36 $40 $34 $26 Adjusted EBITDA margin 23.1% 27.7% 25.8% 31.1% 28.4% 23.7% Adjusted EBITDA margin growth (~bps) 50 bps 450 bps 10 bps 620 bps 530 bps -405 bps", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "876fcd57-2891-41aa-99e4-3f440de59203", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.037, "w": 0.817, "x": 0.076, "y": 0.06 }, "kind": "title", "text": "Regional Core Organic Growth & Adjusted EBITDA (Quarterly)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7f30644b-3bd1-4ec7-a7c9-a80400a89659", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 13, "from": 4, "beatId": "df009e66-4230-4d7a-8689-0369ad254b02", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Financials", "beatSlug": "sequoia-pitch-financials", "evidence": "The majority of the presentation is focused on financial metrics and results", "position": 1, "confidence": 0.6, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [ { "to": 6, "from": 4, "name": "Zoom In", "slug": "06-zoom-in", "bestFor": "Technical deep-dives, case studies, detailed analysis", "matchId": "8948494d-9529-40fe-ba31-32e33ccedf7e", "evidence": "The presentation provides a detailed breakdown of core organic growth and adjusted EBITDA, zooming in on key metrics", "position": 0, "objective": "Provide a detailed view of core organic growth and adjusted EBITDA", "structure": "The Big Picture -> Key Area of Focus -> Specific Detail -> Implication", "confidence": 0.7, "description": "Start broad, then progressively focus on specific details that prove your point" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }