AptarGroup Reports Strong Fourth-Quarter Results, Reveals Details on Beauty and Home Restructuring
AptarGroup wrapped up 2017 on a high note, reporting strong top- and bottom-line growth during the fourth quarter. Sales rose 16%, while operating income rose 20% to $78.7 million. The majority of sales growth was driven by volume and price effects, with the balance from a weaker dollar. Management also announced a restructuring of its Beauty and Home segment that aims to add 46% to segment EBITDA by 2020. Although this goal strikes us as lofty, we have lifted our segment expectations to reflect...
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.
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