Avantor Inc
For the period ended Sep 30, 2024. Filed Oct 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 25, 2024
AVTR$15.57-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited condensed consolidated statements of operations
| (in millions, except per share data) · Three months ended September 30, · Nine months ended September 30, | ||||
|---|---|---|---|---|
| 2024 · 2023 · 2024 · 2023 | ||||
| Net sales | $1,714.4 | $1,720.2 | $5,097.0 | $5,244.4 |
| Cost of sales | 1,150.0 | 1,141.6 | 3,380.6 | 3,451.0 |
| Gross profit | 564.4 | 578.6 | 1,716.4 | 1,793.4 |
| Selling, general and administrative expenses | 439.8 | 368.4 | 1,269.7 | 1,119.5 |
| Impairment charges | — | — | — | 160.8 |
| Operating income | 124.6 | 210.2 | 446.7 | 513.1 |
| Interest expense, net | (48.7) | (72.4) | (173.9) | (219.5) |
| Loss on extinguishment of debt | (2.1) | (2.0) | (6.5) | (5.9) |
| Other income, net | 0.7 | 0.7 | 3.4 | 3.3 |
| Income before income taxes | 74.5 | 136.5 | 269.7 | 291.0 |
| Income tax expense | (16.7) | (28.1) | (58.6) | (68.4) |
| Net income | $57.8 | $108.4 | $211.1 | $222.6 |
| Earnings per share: | ||||
| Basic | $0.08 | $0.16 | $0.31 | $0.33 |
| Diluted | $0.08 | $0.16 | $0.31 | $0.33 |
| Weighted average shares outstanding: | ||||
| Basic | 680.3 | 676.0 | 679.3 | 675.4 |
| Diluted | 683.0 | 678.5 | 682.1 | 678.1 |
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