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Stevanato Group S.p.A. - STVN STOCK NEWS

Welcome to our dedicated page for Stevanato Group S.p.A. news (Ticker: STVN), a resource for investors and traders seeking the latest updates and insights on Stevanato Group S.p.A. stock.

Stevanato Group S.p.A., founded in 1949, is a leader in creating systems, processes, and services that ensure the integrity of parenteral medicines. The company operates through two main divisions:

  • Pharmaceutical Systems (Ompi and Balda brands): Specializes in ready-to-use glass containers and bulk primary packaging such as syringes, cartridges, vials, and ampoules. Additionally, it provides high-quality, high-precision plastic solutions for diagnostic, pharmaceutical, and medical device applications.
  • Engineering Systems (Spami, Optrel, Innoscan, and SVM brands): Focuses on glass forming technology, inspection systems, assembly, packaging machines, and serialization solutions for the pharmaceutical industry.

These divisions work in close synchronization, featuring daily exchanges that ensure the Stevanato Group maintains complete control over the entire production process, from sourcing the finest raw materials to providing exceptional after-sales customer service.

The group's commitment extends beyond manufacturing; through its SGLab, the Stevanato Group offers analytical and testing services that support pharmaceutical companies in ensuring the safety, efficacy, and integrity of their products.

Stevanato Group addresses customer needs across the entire drug life cycle, including development, clinical, and commercial stages, offering an integrated, end-to-end portfolio of products, processes, and services. The company operates in two segments: Biopharmaceutical and Diagnostic Solutions, which generates key revenue and encompasses products and services for the containment and delivery of pharmaceutical and biotechnology drugs and reagents, as well as the production of diagnostic consumables; and Engineering.

Geographically, the company derives the majority of its revenue from Europe, the Middle East, and Africa, positioning itself as a significant player in the global pharmaceutical, biotechnology, and life sciences industries.

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Stevanato Group, a global leader in drug containment, drug delivery, and diagnostic solutions, will participate in the Bank of America Securities Healthcare Conference from May 14 to May 16, 2024. The Company will present on May 15, 2024, at 11:20 a.m. (PT). A live webcast will be accessible on the Company's website, with a replay available for 90 days.

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Stevanato Group S.p.A. (NYSE: STVN) will report its first-quarter financial results on May 9, 2024. The company is a global leader in drug containment, drug delivery, and diagnostic solutions for the pharmaceutical, biotechnology, and life sciences industries. A conference call and webcast will be held to discuss the financial results.
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Stevanato Group S.p.A. (NYSE: STVN) appoints Ugo Gay as Chief Operations Officer to enhance operational efficiency and growth. Ugo Gay brings 30 years of experience to drive standardization and strategic development.
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Stevanato Group (STVN) closes upsized public offering, selling 14.6 million ordinary shares at $26.00 per share, generating approximately $379.7 million in gross proceeds. The Company intends to use the net proceeds for general corporate purposes and ongoing investment activities.
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Stevanato Group (STVN) announces the pricing of its upsized underwritten public offering of 12,700,000 ordinary shares at $26.00 per share, with expected gross proceeds of approximately $330 million. The Company intends to use the net proceeds for general corporate purposes and working capital needs.
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Stevanato Group (STVN) announces a $300 million underwritten public offering of ordinary shares. The Company and a major shareholder are each offering $150 million. The underwriters have an option to purchase additional shares. The net proceeds will be used for general corporate purposes and investment activities. Morgan Stanley and William Blair are the joint book-running managers for the Offering.
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Stevanato Group S.p.A. (STVN) will participate in the KeyBanc Capital Markets Virtual Life Sciences & MedTech Investor Forum on March 19-20, 2024. The Company will present on March 19, 2024, at 1:30 p.m. (ET), with a live webcast on their website. A replay will be available for 90 days after the event.
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Stevanato Group S.p.A. (NYSE: STVN) announces its financial results for Q4 and FY 2023, reporting a 10% revenue increase to €320.6 million in Q4 and €1,085.4 million for FY 2023. Adjusted EBITDA margins were 27% for Q4 and 26.9% for FY 2023. The company sets guidance for FY 2024 with revenue expected between €1,180 million to €1,210 million, adjusted EBITDA between €314.1 million to €329.5 million, and adjusted diluted EPS between €0.62 and €0.66.
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Stevanato Group S.p.A. (NYSE: STVN) will release its financial results for the fourth quarter and year end of 2023 on March 7, 2024. A conference call and webcast will be held to discuss the results, with pre-registration available for immediate access.
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Stevanato Group S.p.A. (NYSE: STVN) has introduced two new offerings for efficient small batch pharmaceutical manufacturing: the EZ-fill® Kit and the non-GMP laboratory fill and finish service at its Technology Excellence Centers. The EZ-fill® Kit provides fast access to a customizable and versatile solution for efficiently filling small batches with high-quality injectable formulations. The surge in biopharmaceuticals treating various diseases signals significant growth potential for pharmaceutical companies. The kit brings enhanced levels of quality and safety to patients and is expected to be available commercially beginning in the second quarter of 2024.
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FAQ

What is the current stock price of Stevanato Group S.p.A. (STVN)?

The current stock price of Stevanato Group S.p.A. (STVN) is $19.4 as of November 4, 2024.

What is the market cap of Stevanato Group S.p.A. (STVN)?

The market cap of Stevanato Group S.p.A. (STVN) is approximately 6.4B.

What does Stevanato Group S.p.A. specialize in?

Stevanato Group specializes in systems, processes, and services to ensure the integrity of parenteral medicines and offers products for drug containment, delivery, and diagnostics.

What are the main divisions of Stevanato Group?

The company operates through Pharmaceutical Systems and Engineering Systems divisions.

What brands fall under Stevanato's Pharmaceutical Systems division?

The Pharmaceutical Systems division includes the Ompi and Balda brands.

What services does the Engineering Systems division provide?

The Engineering Systems division offers glass forming technology, inspection systems, assembly, packaging machines, and serialization solutions.

What is the role of SGLab in Stevanato Group?

SGLab provides analytical and testing services to support pharmaceutical companies in ensuring the safety, efficacy, and integrity of their products.

Which industries does Stevanato Group serve?

Stevanato Group serves the pharmaceutical, biotechnology, and life sciences industries.

From which regions does Stevanato Group derive most of its revenue?

The majority of the group's revenue comes from Europe, the Middle East, and Africa.

How does Stevanato Group support the drug life cycle?

The company provides products, processes, and services for the development, clinical, and commercial stages of the drug life cycle.

What kind of packaging solutions does Stevanato Group offer?

Stevanato Group offers ready-to-use glass containers, syringes, cartridges, vials, ampoules, and high-precision plastic solutions.

How long has Stevanato Group been in operation?

Stevanato Group has been in operation since its founding in 1949.

Stevanato Group S.p.A.

NYSE:STVN

STVN Rankings

STVN Stock Data

6.45B
49.48M
2.04%
107.7%
1.27%
Medical Instruments & Supplies
Healthcare
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United States of America
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