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Stock impact report

Stevanato Group Reports Record Revenue of €1,104 Million for Fiscal Year 2024

Stevanato Group S.p.A. Ordinary Shares (STVN) 
Company Research Source: Business Wire
- Introduces 2025 Guidance - PIOMBINO DESE, Italy--(BUSINESS WIRE)--Stevanato Group S.p.A. (NYSE: STVN), a leading global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, today announced its financial results for the fourth quarter and fiscal year 2024.Fourth Quarter and Full-Year 2024 Highlights (comparisons to prior-year period)Revenue for the fourth quarter of 2024 increased 3% to €330.6 million, and high-value solutions represented 40% of total revenue, in line with Company expectations.For the fourth quarter, diluted earnings per share were €0.18, and adjusted diluted earnings per share were €0.19.Adjusted EBITDA margin increased 50 basis points to 27.5% for the fourth quarter.For fiscal year 2024, revenue increased 2% to €1,104 million, and high-value solutions represented 38% of total revenue.For fiscal year 2024, diluted earnings per share were €0.43, and adjusted diluted earnings per s Show less Read more
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