Stevanato Group Non-GAAP EPS of €0.12, revenue of €234.2M; raises FY22 guidance

• Stevanato Group press release (NYSE:STVN): Q2 Non-GAAP EPS of €0.12.
• Revenue of €234.2M (+14.8% Y/Y).
• Adjusted EBITDA totaled €61.8M with an adjusted EBITDA margin of 26.4%,
• For the second quarter of 2022, order intake was approximately €252M. The Company ended the second quarter with a committed backlog of approximately €1.01B, an increase of approximately 37% compared to €739.0M for the second quarter of 2021.
• The Company is raising its full year guidance: Revenue in the range of €955 million to €965 million, up from €935 million to €945 million vs. estimated growth of 3.86% Y/Y; Adjusted diluted EPS in the range of €0.51 to €0.53, compared to its prior guidance of €0.49 to €0.51 (assuming weighted average shares outstanding of 264.7 million); and Adjusted EBITDA in the range of €253.3 million to €258.3 million, up from €248 million to €253 million.