Sartorius Stedim Biotech SA

DIM: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€698.00	Vtcg	Rzdcgkbt

Sartorius Stedim Earnings: COVID-19 Demand Retreats Along With Profits

Julie Utterback

Apr 20, 2023

Wide-moat Sartorius Stedim (Sartorius Ag's bioprocess subsidiary) revealed a tough start to 2023, as previous COVID-19 tailwinds turned into headwinds. Management maintained its guidance for 2023, though. And while we have tinkered with our near-term assumptions, these minor changes did not materially affect our EUR 306 fair value estimate.

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