Avantor Inc
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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FY2023 · Filed Feb 14, 2024
AVTR$15.91+2.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated statements of operations F-
| (in millions, except per share data) | Year ended December 31, | ||
|---|---|---|---|
| 2023 · 2022 · 2021 | |||
| Net sales | $6,967.2 | $7,512.4 | $7,386.1 |
| Cost of sales | 4,603.4 | 4,909.6 | 4,883.4 |
| Gross profit | 2,363.8 | 2,602.8 | 2,502.7 |
| Selling, general and administrative expenses | 1,506.6 | 1,472.6 | 1,530.5 |
| Impairment charges | 160.8 | — | — |
| Operating income | 696.4 | 1,130.2 | 972.2 |
| Interest expense, net | (284.8) | (265.8) | (217.4) |
| Loss on extinguishment of debt | (6.9) | (12.5) | (12.4) |
| Other income (expense), net | 5.8 | (0.8) | 10.6 |
| Income before income taxes | 410.5 | 851.1 | 753.0 |
| Income tax expense | (89.4) | (164.6) | (180.4) |
| Net income | 321.1 | 686.5 | 572.6 |
| Accumulation of yield on preferred stock | — | (24.2) | (64.6) |
| Net income available to common stockholders | $321.1 | $662.3 | $508.0 |
| Earnings per share: | |||
| Basic | $0.48 | $1.02 | $0.86 |
| Diluted | $0.47 | $1.01 | $0.85 |
| Weighted average shares outstanding: | |||
| Basic | 675.6 | 650.9 | 590.5 |
| Diluted | 678.4 | 679.4 | 599.6 |
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