NYSE$STVN

Stevanato Group S.p.A. · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Reported revenue of €256.6 million for the first quarter of 2025

Stevanato Group reported a 9% increase in revenue for the first quarter of 2025, reaching €256.6 million, primarily driven by strong performance in the Biopharmaceutical and Diagnostic Solutions segment. Gross profit and operating profit margins also improved. The company maintained its full-year revenue guidance but lowered its adjusted EBITDA and adjusted diluted EPS guidance to reflect the estimated impact of recently announced tariffs.

  • Revenue increased by 9% to €256.6 million in Q1 2025 compared to the prior year.
  • The Biopharmaceutical and Diagnostic Solutions segment saw 11% revenue growth, offsetting a decline in the Engineering segment.
  • Gross profit margin improved by 80 basis points to 27.2%, and adjusted operating profit margin increased to 14.3%.
  • Full-year 2025 guidance for adjusted EBITDA and adjusted diluted EPS was updated to reflect the estimated impact of tariffs.

Headline financials

Total Revenue

$278M

Previous: $256M+8.3%
EPS (adj)

$0.11

Previous: $0.09+22.2%
Gross Margin

27.2%

No prior period
Adjusted EBITDA Margin

22.4%

No prior period
High-Value Solutions Share

43.0%

No prior period
Net Debt

$325M

No prior period
Capital Expenditures

$75.4M

No prior period
Net Income

$28.7M

Previous: $20.4M+40.5%
Operating Income

$37.4M

Previous: $26M+43.7%
Gross Profit

$75.6M

Previous: $67.5M+12.0%

Revenue & EPS history

Stevanato Group · Revenue · Quarterly

$278M

Q1 2025+8.3%vs Q1 2024
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Revenue by segment

Stevanato Group · $518M total across 3 segments · Q4 2025

  • Biopharmaceutical and Diagnostic Solutions
    $307M+9.9%
  • High-value solutions
    $171M+30.5%
  • Engineering
    $39.4M-23.0%

Forward guidance

For fiscal year 2025, Stevanato Group maintains its revenue guidance of €1,160 million to €1,190 million. However, guidance for adjusted EBITDA is updated to €288.5 million to €301.8 million, and adjusted diluted EPS to €0.50 to €0.54, reflecting an estimated €4.5 million tariff impact on operating profit.

Tailwinds

  • Maintaining full-year revenue guidance (€1,160 million - €1,190 million).
  • Continued strong demand for high-value solutions expected.
  • Expected continued improvements and scaling at Latina and Fishers facilities.
  • Gradual stabilization expected in vial demand as destocking fades.
  • Business fundamentals are strong with favorable secular tailwinds.

Headwinds

  • Lowering adjusted EBITDA guidance (€288.5 million - €301.8 million) due to estimated tariffs.
  • Lowering adjusted diluted EPS guidance (€0.50 - €0.54) due to estimated tariffs.
  • Estimated tariff impact of approximately €4.5 million on operating profit.
  • Ongoing focus on completing legacy projects in the Engineering segment.
  • Anticipating absorption of price increases from suppliers due to tariffs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.4%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+3.0%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+22.3%

Q2 2021

Best reaction

-18.9%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+10.0%+1.9%-10.3%
Q3 2025-1.7%-3.3%-11.6%
Q2 2025-9.6%-7.6%-9.9%
Q1 2025+2.9%+12.0%+8.9%
Q4 2024+8.6%+8.8%+10.5%
Q3 2024+16.4%+12.4%+3.9%
Q2 2024+4.4%+8.5%+13.8%
Q1 2024-18.9%-20.7%-30.8%
Q4 2023-11.3%-14.1%-12.4%
Q3 2023-5.9%-2.5%-3.5%
Q2 2023+2.5%+5.6%+6.3%
Q1 2023-3.3%-1.5%+2.6%
Q4 2022+13.7%+5.2%+16.0%
Q3 2022+0.4%+9.1%+18.0%
Q2 2022+4.6%-3.4%-5.9%
Q1 2022+0.7%+8.7%+11.2%
Q4 2021-1.4%-4.2%+21.9%
Q3 2021-8.7%-11.2%-4.8%
Q2 2021+22.3%+27.0%+33.8%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro