NYSE$STVN

Stevanato Group S.p.A. · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Stevanato Q4 2024: €330.6M revenue (+3%), EPS €0.18, high-value solutions 40% of mix

Stevanato Group reported Q4 and fiscal 2024 results for the quarter ended December 31, 2024. Q4 revenue increased 3% (3% constant currency) to €330.6 million, driven by 7% growth in Biopharmaceutical and Diagnostic Solutions offsetting a 16% decline in Engineering. High-value solutions reached a record €131 million and 40% of revenue, led by premium syringes. Diluted EPS was €0.18 (adjusted €0.19); net profit was €48.3 million. Adjusted EBITDA rose 5% to €90.9 million with margin up 50 bps to 27.5%. Full-year revenue grew 2% to €1,104 million with high-value solutions up 15% to €422.3 million. FY2025 guidance calls for revenue of €1,160–1,190 million and adjusted diluted EPS of €0.51–0.55.

  • Q4 revenue of €330.6 million increased 3% YoY; BDS segment grew 7% while Engineering declined 16%.
  • Diluted EPS was €0.18 (adjusted €0.19) on net profit of €48.3 million.
  • High-value solutions revenue reached a record €131 million, 40% of Q4 revenue.
  • Adjusted EBITDA grew 5% to €90.9 million; adjusted EBITDA margin expanded 50 bps to 27.5%.
  • FY2025 guidance: revenue €1,160–1,190M, adjusted diluted EPS €0.51–0.55.

Headline financials

Total Revenue

€331M

Previous: €345M-4.1%
EPS (adj)

€0.19

Previous: €0.19-2.1%
Adjusted EBITDA

€90.9M

No prior period
Adjusted EBITDA margin

27.5%

No prior period
Net Income

€48.3M

Previous: €48.6M-0.6%

Revenue & EPS history

Stevanato Group · Revenue · Quarterly

€331M

Q4 2024-4.1%vs Q4 2023
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Revenue by segment

Stevanato Group · €462M total across 3 segments · Q4 2024

  • Biopharmaceutical and Diagnostic Solutions
    €279M
  • High-value solutions
    €131M
  • Engineering
    €51.2M

Forward guidance

FY2025 revenue guidance of €1,160–1,190 million, adjusted EBITDA €293.0–306.3 million, and adjusted diluted EPS €0.51–0.55.

Tailwinds

  • Strong demand for high-performance syringes and biologics exposure at 34% of BDS revenue
  • Engineering optimization plan on track for majority completion by mid-2025

Headwinds

  • Vial destocking continues to pressure EZ-fill volumes and gross margin mix

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 Q4 2024

Historical avgQ4 2024

+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

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