Press Releases

Aptar Reports First Quarter 2021 Results

Aptar has reported its first quarter results for 2021.

29 Apr 2021

Crystal Lake, Illinois, April 29, 2021 — AptarGroup, Inc. (NYSE:ATR), a global leader in drug delivery, consumer product dispensing and active material science solutions, today reported first quarter results for 2021.

First Quarter 2021 Summary

  • Reported sales grew 8%; core sales (excluding acquisitions and currency effects) increased 1%
  • Strong demand for our innovative food dispensing closures, the passing through of resin costs and currency effects drove double digit growth in reported sales and core sales in the Food + Beverage segment
  • Currency effects contributed to reported sales growth in the Pharma segment and core sales were in line with prior year
  • Acquisitions and currency effects contributed to reported sales growth in the Beauty + Home segment and core sales declined 3%
  • Reported earnings per share totaled $1.24 (an increase of 48% compared to the prior year)
  • Reported earnings per share included a non-cash gain of $0.19 per share related to an increase in the fair value of an equity investment
  • Adjusted earnings per share, excluding restructuring charges ($0.04 per share) and the gain on an equity investment, totaled $1.09 (an increase of 10% compared to the prior year when neutralizing currency effects)
  • Tax expense was reduced in the quarter due to certain benefits, primarily deductible stock-based compensation

Download the full press release.

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