Catalent Inc at Stephens Investment Conference (Virtual) Transcript

Nov 29, 2021 / 04:00PM GMT
Jacob K. Johnson - Stephens Inc., Research Division - Analyst

All right. Good morning, everybody. Welcome to day 1 of the Stephens Investment Conference. I'm Jacob Johnson, the life science tools and diagnostics analyst here at Stephens. I'm not sure there's a better way to kick it off. And with the team from Catalent today, we have CFO, Tom Castellano; and Paul Surdez from Investor Relations. Tom, Paul, thank you for joining. I'll let you kick it off with some opening comments, and then we'll launch into Q&A.

Thomas P. Castellano - Catalent, Inc. - Senior VP & CFO

Yes. Great, Jacob. Thanks. Happy to be here. I appreciate the opportunity as always here.

Just a couple of quick comments on Catalent. We're coming off of a really strong start to fiscal '22 with our strongest first quarter we've ever had here, which, by the way, is our seasonally lightest quarter. We saw 23% revenue growth organically, 52% adjusted EBITDA growth. And Biologics continues to be the main contributor, but we are seeing a recovery within our SOT and OSD businesses as well

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