Consistent Revenue Growth
Sotera Health reported top and bottom line growth for the full year 2024, with $1.1 billion of revenue, marking the nineteenth consecutive year of annual revenue growth.
Adjusted EBITDA and Margin Stability
The company delivered approximately 50% adjusted EBITDA margins for 2024, with adjusted EBITDA growing by 3.9% or 4.6% on a constant currency basis.
Strategic Refinancing
Sotera Health successfully refinanced its capital structure, extending maturities to 2031, and ended the year with strong liquidity.
Growth in Embedded Labs and Expert Advisory Services
Embedded Labs and expert advisory services both realized double-digit revenue growth versus 2023, demonstrating cross-business unit synergies.
Cobalt Development Progress
Nordion grew revenue to upper single digits for the year and made progress on cobalt development projects, with the first installation of cobalt into a Darlington reactor.