2025 was a successful year for Sartorius: We delivered on our full-year targets and demonstrated that we are continuing on our profitable growth path. In 2025, we saw several dynamics at play: Ordering behavior for consumables returned to more normal levels and customer innovation gained momentum. In contrast, investment decisions remained cautious amid a challenging market environment, driven mainly by geopolitical risks and trade policy uncertainties. [...] As we head into 2026, let’s keep building on our strengths, stay curious, and be bold in exploring new ways to support our customers. Our goal remains clear: to set new standards in biopharma by delivering outstanding solutions and experiences for our customers."
 

CEO Interview

Sales revenue

€3,538.1m

+7.6% in constant currencies

Underlying EBITDA

€1,051.6m

+11.2%

Underlying EBITDA Margin

29.7%

 +1.7 pp

Employees

14,042

+514

Market capitalization

~€15.1bn

 

Group Business Development and Divisions

The Sartorius Group recorded clear, profitable growth in fiscal year 2025. The positive development was driven by significant growth in the larger and higher-margin recurring business with consumables. As expected, the continued industry-wide investment restraint by customers had a dampening effect on the laboratory instruments and bioprocess equipment business, although this area increasingly stabilized over the course of the year.

Group Business Development

Bioprocess Solutions

In the Bioprocess Solutions Division, Sartorius offers a broad product portfolio that covers all steps in the production of a biopharmaceutical. The company has held leading market positions for years in its core technologies, such as filtration, fermentation, cell cultivation and fluid management.

Business Development of Bioprocess Solutions

Lab Products & Services

The Lab Products & Services Division offers laboratories in the pharmaceutical and biopharmaceutical industries as well as at academic research institutes innovative solutions for bioanalytics, in addition to premium laboratory products, consumables and services. Sartorius is among the market leaders in laboratory balances, pipettes and lab consumables.

Business Development of Lab Products & Services

Outlook

All forecast figures are based on constant currencies, as in past years. Management points out that the dynamics and volatilities in the industry have increased significantly in recent years. In addition, uncertainties due to the changed geopolitical situation, such as the emerging decoupling tendencies of various countries as well as the trade policy framework conditions, are playing a greater role. This results in higher uncertainty when forecasting business figures.


Forecast

For fiscal 2026, Sartorius expects its profitable growth trajectory to continue, with the Bioprocess Solutions division continuing to perform well and a recovery in the Lab Products & Services division. Management forecasts the Sartorius Group’s sales revenue growth in constant currencies to be between around 5 and 9 percent, including a contribution of approximately 1 percentage point from the MATTEK acquisition and US tariff surcharges.
 

Forecast for 2026

 

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Financial Calendar

Investor Relations Contacts

Petra Müller
Head of Investor Relations
Mirko Koch
Manager Investor Relations