Reports Q3 revenue $1.72B, consensus $1.71B. “We delivered third quarter business results in line with our guidance for the quarter and end market conditions remained stable, as anticipated. Disciplined execution, driven by the Avantor Business System, resulted in more than 110% free cash flow conversion and enabled ongoing debt paydown. Enhanced commercial intensity drove notable customer wins and contract renewals in biopharma as well as momentum across our biomaterials and education platforms,” said Michael Stubblefield, President and Chief Executive Officer.
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