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Sotera Health Co (OQ:SHC)

Business Focus: Healthcare Facilities & Services

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEC
Company Contact
Address: 9100 South Hills Blvd
Suite 300, Suite 300
BROADVIEW HEIGHTS OH 44147
Tel: N/A
Website: https://soterahealth.com
IR: See website
Key People
Michael B. Petras
Chairman of the Board, Chief Executive Officer
Jonathan M. Lyons
Chief Financial Officer, Senior Vice President
Michael P. Rutz
President of Sterigenics
Alexander Dimitrief
Senior Vice President, General Counsel, Secretary
Matthew J. Klaben
Deputy General Counsel
 
Business Overview
Sotera Health Company is a global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry. The Company's segments include Sterigenics, Nordion, and Nelson Labs. The Sterigenics business provides outsourced terminal sterilization and irradiation services for the medical device, pharmaceutical, food safety and advanced applications markets using three technologies: gamma irradiation, ethylene oxide (EO) processing and E-beam irradiation. The Nordion business is a provider of Co-60 used in the sterilization and irradiation processes for the medical device, pharmaceutical, food safety, and materials industries and for the treatment of cancer. In addition, Nordion is a global provider of gamma irradiation systems. The Nelson Labs business provides outsourced microbiological and analytical chemistry testing and advisory services for the medical device and pharmaceutical industries.
Financial Overview
For the fiscal year ended 31 December 2023, Sotera Health Co revenues increased 5% to $1.05B. Net income applicable to common stockholders totaled $51.1M vs. loss of $233.6M. Revenues reflect Sterigenics segment increase of 6% to $667.1M, Nordion segment increase of 4% to $160.5M, Europe segment increase of 13% to $187.5M, United States segment increase of 2% to $591M.