Sartorius AG Reports Earnings Results for the First Half of 2016; Provides Earnings Guidance for the Year 2016
The company expects also strong double-digit growth for this year. The company expects now 19% to 22% sales revenue growth in constant currencies after the 13% to 17% that the company has expected before. And the company also expects that this should lead to a slightly stronger increase of EBITDA margins, so that the company now expects 28% of EBITDA margin for the full year. At this point, the company still expects CapEx ratio to be around 10%. And the CapEx ratio, the company expects still to be between 6% and 8% for the full year.