Avantor, Inc. [AVTR] reports annual net loss of $321.1 million
Company Reports Revenue of $7.0 billion
By USInMinutes
Published - Mar 07, 2024, 04:47 AM ET
Last Updated - Mar 07, 2024, 04:47 AM EST
Avantor, Inc. [AVTR] has reported a net loss of $321.1 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $7.0 billion
Based in RADNOR, Pennsylvania, Avantor, Inc. operates in the MANUFACTURING sector.
The consolidated statements of operations for the fiscal year ended December 31, 2023, compared to the same period in 2022 and 2021, reflect the following financial highlights in millions of USD:
- Net sales for the year were $6,967.2 in 2023, down from $7,512.4 in 2022 and $7,386.1 in 2021.
- Cost of sales amounted to $4,603.4 in 2023, compared to $4,909.6 in 2022 and $4,883.4 in 2021.