)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Avantor (AVTR) investor relations material
Avantor Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Net sales for Q3 2025 were $1.62 billion, down 5.3% year-over-year, with a 4.7% organic sales decline, mainly due to the Clinical Services divestiture and reduced demand in Laboratory Solutions.
New CEO Emmanuel Ligner launched the "Avantor Revival" turnaround strategy, focusing on simplification, operational improvement, and accountability, with a five-pillar plan targeting go-to-market, manufacturing, portfolio, process, and talent.
Organizational complexity and under-leveraged legacy brands identified as key challenges, with strategic investments planned in operations, supply chain, and digital capabilities.
Net loss was $711.8 million, primarily due to a $785 million non-cash goodwill impairment charge in the Distribution reporting unit.
A $500 million share repurchase program was authorized, signaling confidence in long-term value creation.
Financial highlights
Q3 2025 reported revenue was $1.62 billion, down from $1.71 billion in Q3 2024, with adjusted EBITDA of $267.9 million (16.5% margin) and adjusted EPS of $0.22, both down year-over-year.
Adjusted gross profit was $527 million (32.4% margin), down 100 basis points year-over-year.
Free cash flow for Q3 was $172 million, with adjusted conversion at 124%.
Adjusted net income was $151.1 million, compared to $175.2 million in Q3 2024.
Operating loss was $648.8 million, compared to operating income of $124.6 million in Q3 2024, mainly due to the impairment charge.
Outlook and guidance
Full-year 2025 organic revenue growth is expected at negative 3.5% to negative 2.5%, with reported revenue growth of negative 4% to negative 3%.
Adjusted EBITDA margin is projected in the mid-16% range; adjusted EPS guidance is $0.88 to $0.92.
Free cash flow is expected between $550 million and $600 million before one-time expenses.
Cost transformation initiative aims for $400 million in run rate gross savings by end of 2027.
Inflationary pressures and foreign currency fluctuations are expected to continue impacting results.
Why the $785M goodwill impairment charge?
Rationale for $500M share repurchase program?
Detail CEO's strategic changes for performance
Avantor Revival: key metrics for success?
Drivers of Q4 bioprocessing outlook change?
Strategy to regain lost lab market share?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Avantor earnings date
Q4 20256 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Avantor Inc. provides products and services to customers in biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. We develop, manufacture, and distribute materials for a range of applications across various industries including confectioner's glaze; catalysts and additives for polymers; basic resins for coatings; additives for agricultural applications; fuel cells and composites; paint toners and colorants; pigments for cosmetic applications; microemulsions for nutritional supplements; polymers for nanolithography applications.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage