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Pragnesh December 4, 2023, 12:10pm 210

Astec growth triggers

Astec Lifesciences Not-so-Hidden Gems

Astec life -update(past performance and future growth triggers) ASTEC 1…PERFORMANCE -20-30% cagr growth upto 2022 -Negative de growth in 2023 and 2024 =Topline and profitability were severely impacted due to -sluggish demand, -lower realizations and -high-cost inventories of enterprise products =CDMO business grew 3.0x y-o-y led by new product development while profitability also improved 2…Future growth triggers A…CDMO business =Increasing Cdmo business =Management guided huge exp…

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