Avantor reports Q4 adjusted EPS 32c, consensus 30c

Reports Q4 revenue $1.8B, consensus $1.8B. "With fourth quarter results coming in line with expectations outlined on our third quarter earnings call, we realized core organic growth across all regions and delivered strong margin expansion despite ongoing macroeconomic pressures and customer destocking. Our full-year results reflect the strength and resilience of our core business, with 6% core organic growth including more than 20% core organic growth in bioproduction, approximately 110 basis points of adjusted EBITDA margin expansion, and a double-digit increase in adjusted net income on a constant currency basis," said Michael Stubblefield, president and CEO.