Strong Top Line and Adjusted EBITDA Growth
Sotera Health's second quarter reported a top line growth of 6.4% and an adjusted EBITDA growth of 9.8%, with an improvement in adjusted EPS compared to the second quarter of 2024.
Sterigenics Revenue Growth
Sterigenics experienced a 10.5% year-over-year revenue growth, driven by increased customer demand, especially from core med device customers and bioprocessing.
Raising 2025 Outlook
Due to strong performance, Sotera Health raised its 2025 revenue growth outlook to 4.5% to 6% and adjusted EBITDA growth to 6% to 7.5%.
Nelson Labs Margin Expansion
Nelson Labs saw a margin expansion of more than 500 basis points, marking the fourth consecutive quarter of year-over-year margin improvement.
Improved Liquidity and Leverage
The company ended the second quarter with $918 million of available liquidity and improved its net leverage ratio to 3.5x from 3.7x at the end of 2024.