Report
Charles Gross
EUR 100.00 For Business Accounts Only

Pharma Organic Growth Reaches 15% in Solid 1Q for Aptar

Aptar started the year on a high note, with organic sales growth of 7% over the prior year, due principally to superb results from its pharma business. Segment income also performed solidly, up just over 12% thanks to the benefit of falling resin prices and a consolidated mix shift toward pharma over its food and beauty segments. Management didn't have any one factor to point to as a driver of outperformance, saying that all business units operated well during the quarter. With our outlook large...
Underlying
Aptargroup Inc.

AptarGroup is a supplier of a range of dispensing, sealing and active packaging solutions for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food and beverage markets. The company's primary products are dispensing pumps, which dispense a spray or lotion from non-pressurized containers; closures, which are plastic caps that allow a product to be dispensed without removing the cap; aerosol valves, which dispense product from pressurized containers; and elastomeric primary packaging components, which include stoppers for infusion, antibiotic, lyophilization and diagnostic vials, pre-filled syringe components, as well as dropper bulbs and syringe plungers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Gross

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