Sartorius closes 2010 with strong gains

Sartorius says it has successfully closed the year 2010.

Sales revenue and earnings substantially surpassed the year-earlier figures.

Financial guidance for the Group, which was raised during the course of 2010, was met and even exceeded for some targets.

For the current fiscal year, the management expects to continue on the growth track: Sartorius is projected to grow considerably in both of its divisions and to further increase its profitability.

According to preliminary figures, Sartorius generated consolidated sales revenue of $659.3 million in fiscal 2010.

This equates to an increase of 9.5% (constant currencies: 6.4%).

The gain in order intake jumped 10.7% to 681.1 million euros ($922.5 million; constant currencies: 7.5%).

Regionally, the company grew the strongest in Asia/Pacific.

The sales revenue surged 17.6% in constant currencies; order intake soared 26.6%.