Overview

* Stevanato Q3 revenue grows 9% to €303.2 mln, beating analyst expectations

* Adjusted EPS for Q3 was €0.14, maintaining fiscal 2025 guidance

* Revenue growth driven by high-value solutions and favorable shipment timing

Outlook

* Stevanato maintains fiscal 2025 revenue guidance of €1.160 bln to €1.190 bln

* Stevanato expects 2025 adjusted EBITDA of €288.5 mln to €301.8 mln

* Stevanato projects 2025 adjusted diluted EPS of €0.50 to €0.54

Result Drivers

* BDS SEGMENT GROWTH - Revenue from the Biopharmaceutical and Diagnostic Solutions Segment grew 14%, driven by high-value solutions and favorable shipment timing

* HIGH-VALUE SOLUTIONS - Revenue from high-value solutions increased 47% to a record €147.9 million, driven by demand for Nexa syringes and EZ-fill vials

* SHIPMENT TIMING - Favorable timing of product shipments added approximately €10 million to BDS Segment revenue

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat EUR EUR

Revenue 303.20 290.39

mln mln (9

Analysts

)

Q3 EPS EUR 0.13

Q3 Net EUR

Income 36.10

mln

Q3 Gross EUR

Profit 88.50

mln

Q3 EUR

Operatin 52.70

g Income mln

Q3 EUR

Pretax 49.10

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

* Wall Street's median 12-month price target for Stevanato Group SpA ( STVN ) is $28.00, about 10.7% above its November 5 closing price of $25.00

* The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 36 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)