All posts by Katie Reardon

AptarGroup Declares Quarterly Dividend

On January 14, 2016, the Board of Directors of AptarGroup, Inc. (NYSE: ATR) declared a quarterly cash dividend of $0.30 per share. The payment date is February 17, 2016, to stockholders of record as of January 27, 2016.

As previously announced, AptarGroup will hold a conference call on Friday, February 5, 2016, at 8:00 a.m. Central Time to discuss the Company’s fourth quarter and annual results for 2015. The call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page at www.aptar.com. Replay of the conference call can also be accessed for a limited time on the Investor Relations page of the website.

January 15, 2016

AptarGroup Announces 2016 Quarterly Conference Call and Annual Me...

AptarGroup, Inc. (NYSE: ATR) announced the dates and times of quarterly conference calls for the year. Any updates to these dates or times will be communicated in subsequent press releases.

Press Release(1) Conference Call(2)
4th Quarter and Annual 2015 Results February 4, 2016 February 5, 2016 at 8:00am CT
1st Quarter 2016 Results April 28, 2016 April 29, 2016 at 8:00am CT
2nd Quarter 2016 Results July 28, 2016 July 29, 2016 at 8:00am CT
3rd Quarter 2016 Results October 27, 2016 October 28, 2016 at 8:00am CT

 

1.Press releases will be issued on the dates noted after the close of trading on the New York Stock Exchange.

2.Times shown are in the Central U.S. time zone. Conference calls will last approximately one hour and interested parties are invited to listen to a live webcast by visiting the Investor Relations page of the AptarGroup website at www.aptar.com. Replay of the conference call can also be accessed on the Investor Relations page of the website.

ANNUAL MEETING

The Board also announced that the 2016 Annual Meeting of Stockholders will be held at the offices of Sidley Austin LLP, One South Dearborn Street, Chicago, Illinois, on May 4, 2016, at 9 a.m. CT. The record date for stockholders entitled to vote at the meeting is March 10, 2016.

Download the full press release here.

January 5, 2016

Daisy Turns Sour Cream Upside Down

The following is an excerpt from an article featured in the December 2015 Packaging Strategies Digital Edition written by Dave Johnson, Strategic Business Development Manager at Aptar

New flexible packaging delivers distinction and functionality

The cliché, “writing on the wall”, referring to something that is essentially a foregone conclusion, fittingly describes the on-going value and functionality flexible packaging brings to consumers. We don’t have to look further than the launch of new Daisy Squeeze Sour Cream to support this claim. Launched in early 2015, this revolutionary flexible package is a stand-up (inverted) pouch design that is turning the sour cream category upside down. 

Read the full article here.

 

 

December 16, 2015

Developing Our People for Tomorrow

The talent and dedication of our people is a core strength of Aptar. As a complement to the multiple training sessions provided by each Aptar location on an annual basis, we have developed the Aptar Corporate University (Aptar CU) which offers worldwide training programs across all segments and regions to strengthen our corporate alignment in Leadership, Core Values and Business in order to grow and promote our people.

“Aptar Corporate University supports our business strategies by nurturing development at all levels,” said Meinrad Arnold, Director, Organization and People Development. “The programs enable employees to enhance their strengths and grow to their full potential. This is one of the most important investments we can make as a company.”

In 2014 alone, Aptar Corporate University trained nearly 500 employees using in-person training techniques and over 4,300 employees using eLearning modules in addition to the classroom trainings. Participants are nominated into the trainings by their managers and Human Resources representatives.

The following training programs are available to Aptar employees through Aptar Corporate University:

Leadership Programs:

  • CASA Leadership Program (global)
  • CASITA Leadership Program (regional)
  • LaFabbrica Leadership Program (local)

Market Oriented Programs:

  • Strategic Account Management I
  • Strategic Account Management II
  • Customer Value Management (CVM) Insight

Business Programs:

  • Strategic Thinking – “Managing Future Challenges”
  • Change Management – “Leading Change”
  • Business Process Management – Mindset and Leadership
  • Project Management

Aptar’s first leadership program (CASA) was implemented in 2008. Since that time the corporate training activities were extended and Aptar Corporate University was officially founded in 2011. Today, Aptar CU provides employee programs all over the world in seven different languages.

Visit our Careers website to learn about employment opportunities at Aptar.

Change ManagementStrategic Thinking

Photos (left to right): Aptar Corporate University programs – Change Management: Leading Change and Strategic Thinking: Managing Future Challenges

November 11, 2015

Video: Aptar's BAP® Solution for Protein Powder Packaging

Aptar recently attended a major fitness convention in Las Vegas to put our most recent BAP® (Bonded Aluminum to Plastic) solution to the test. We gave consumers a typical protein powder package with a screw-on overcap and a package with the new BAP® 120 Flip Top closure and asked for their feedback.

Watch what consumers had to say about Aptar’s BAP® solution for protein powder in the video below.

The new BAP® 120 Flip Top was the preferred solution for all of the consumers we met with. Consumers explained how simple and easy it is to flip the lid open, how convenient it is to use the pull ring to remove the foil. Consumers also liked the fact that the scoop is featured on top in a special scoop holder, protected from the powder (#ScoopOnTopForever).

Consumers stressed the many benefits of Aptar’s BAP® solution including convenience, cleanliness, hygiene, product freshness and innovation. Consumers agreed they would like to see this innovative solution on every protein package.

The benefits of Aptar’s BAP® solution go beyond providing an excellent consumer experience, Aptar’s BAP® technology also provides a wide range of benefits to marketers including:

  • BAP® allows savings not only on the container weight, but also on labor and production efficiency
  • Additional savings can be obtained in the manufacturing process, especially with scoop placing equipment, since the scoops comes attached to the closure
  • BAP® also provides great tamper evidence and anti-counterfeit benefits keeping the product fresh and safe

Let us help you win your packaging battles with our innovative solutions. For more information, please contact us at bap-technology@aptar.com.

Protein with features

November 3, 2015

Aptar Wins Luxe Pack in Green Award for Ongoing Environmental Com...

Many top packaging manufacturers came together for the 28th consecutive Luxe Pack luxury packaging show in Monaco from October 21-23. Attendees of the event learned about differentiation and innovation within the packaging solutions industry. Aptar was one of 450 exhibitors present and was also a recipient of the Luxe Pack in Green award for our ongoing commitment to improving the environment.

Aptar was selected as a winner by a panel of judges with responsibilities ranging from Editor in Chief of a cosmetics website to The Minister of State of the Principality of Monaco. The jurors collaborate to select the winners of two Luxe Pack in Green awards: one for an innovative product that promotes environmentally sustainable progress within a packaging solution and the second to a company that integrates environmentally responsible initiatives within its business strategies.

As finalists in the second category, a team of Aptar employees presented to the judges our overall sustainability vision and many sustainability initiatives such as the Landfill Free certification program, Product Life Cycle Assessments and Energy Management Systems. The panel of judges presented Aptar with the Luxe Pack in Green award for our ongoing commitment to improving the environment.

 

November 2, 2015

AptarGroup Reports Strong Operating Results with Record Third Qua...

Crystal Lake, Illinois, October 29, 2015 — AptarGroup, Inc. (NYSE:ATR) reported record third quarter net income and earnings per share.

Third Quarter 2015 Summary

  • Strong operating results across each business segment drove the consolidated operating income margin to 15% compared to 12% in the prior year
  • Record third quarter earnings per share of $0.83 rose 30% when compared to currency-adjusted prior year earnings per share of $0.64, and rose 14% when compared to reported prior year earnings per share of $0.73
  • Core sales, which exclude currency translation effects, increased approximately 3% (reported sales decreased 10%)

Download the full press release. Please visit our Investor Relations website for more information.

October 30, 2015

AptarGroup Raises Quarterly Dividend

October 22, 2015

The Board of Directors of AptarGroup, Inc. (NYSE: ATR) today increased the quarterly cash dividend by 7% to $0.30 per share. The payment date is November 25, 2015, to stockholders of record as of November 4, 2015.

Stephen Hagge, President and CEO, commented, “We are committed to growing shareholder value through a balanced capital allocation strategy. Our strong financial condition and confidence in our future allow us to increase the current cash dividend. This year marks our 22nd consecutive year of paying shareholders higher annual dividends than were paid in the previous year.”

As previously announced, AptarGroup will hold a conference call on Friday, October 30, 2015, at 8:00 a.m. Central Time to discuss the Company’s third quarter results for 2015. AptarGroup plans to announce its third quarter results after trading on the New York Stock Exchange has closed on Thursday, October 29, 2015. The call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page at www.aptar.com. Replay of the conference call can also be accessed for a limited time on the Investor Relations page of the website.

October 22, 2015

Flip Top Closure with Integrated Scoop Offers New Level of Conven...

To enhance the accessibility of powdered food and beverage products for consumers of all ages, Aptar introduces a 120mm flip top closure featuring an integrated measuring scoop. Developed using the company’s proprietary BAP® technology (Bonded Aluminum to Plastic), the new closure ensures the scoop does not end up at the bottom of the container and allows consumers to extract a precisely measured amount of product. The closure is ideal for a variety of applications including protein powders, meal replacement products, infant formula, ground coffee and other dry food and powders.

“Scoops are typically placed on top of powdered products during manufacturing, but they easily become buried in the container during transportation,” explained Rodolfo Haenni, Director of Product Management, BAP® at Aptar Food + Beverage. “Once the container is opened, consumers inevitably find themselves hunting for the scoop, spilling and wasting product in the process. Molding a scoop holder right into the top of closure eliminates this problem and enhances hygiene at the same time. The flip top design also ensures that all consumers, even those with smaller hands or arthritis, will be able to open large containers with ease.”

Aptar’s BAP® technology uses a double-sided aluminum liner with plastic layers on both sides to permanently weld the closure to the container, providing a tamper-resistant all-in-one foil to closure solution that helps to deter against possible package counterfeiting. In addition to improving seal integrity and protecting product freshness and safety, the BAP® Safe & Fresh Seal decouples the sealing and opening performance, reducing the force consumers need to apply to remove the foil and ensuring a consistent experience for consumers each and every time. To access the product, consumers simply flip open the top of the cap, detach the scoop and use the pull ring to easily and smoothly remove the liner. No additional tools are required and no sharp edges are left behind.

BAP® technology is highly versatile, offering brand owners a great deal of flexibility and the opportunity to differentiate their products on the retail shelf. The technology is ideal for a broad range of applications, including nutraceutical and wellness products, pet food, liquid and powdered beverages and household commodities. Closures can be produced in a wide variety of sizes and shapes, including non-round, and are available in one- or two-piece styles as well as threaded and non-threaded versions. In addition, virtually all of the popular plastic formulations, or any combination thereof, can be used to form the plastic layers on both sides of the BAP® Safe & Fresh Seal, making the technology suitable for a wide range of containers.

To learn more about the new 120mm flip top closure or BAP® technology, contact Aptar at bap-technology@aptar.com.

September 23, 2015

AptarGroup Hosts Analyst Day in New York City

Aptar hosted an Analyst Day in New York City on Wednesday, September 9, 2015, providing analysts with a comprehensive look at Aptar’s new product offerings, financial results, growth opportunities and outlook for the future. Senior executives from the company also participated in a question-and-answer session with the audience and demonstrated innovative dispensing solutions from all three of Aptar’s business segments—Beauty + Home, Food and Beverage and Pharma.

“We’re investing in research and development and continue to take our capital and invest it to grow our business for the long term,” explained Steve Hagge, President and CEO. “We’re also leveraging our synergies across all of Aptar in order to expand our capabilities.”

Interested parties can access the Analyst Day presentation slides and listen to the recorded webcast by visiting the Investor Relations page of AptarGroup’s website at www.aptar.com. As previously announced, AptarGroup plans to report its 2015 third quarter results after trading on the New York Stock Exchange has closed on Thursday, October 29, 2015. AptarGroup will hold a conference call on Friday, October 30, 2015, at 8:00 a.m. CDT (9:00 a.m. EDT) to discuss the third quarter results. The conference call will last approximately one hour. Interested parties are invited to listen to a live webcast or a replay of the webcast by visiting the Investor Relations page of the website.

September 17, 2015

AptarGroup Announces Analyst Day and Confirms Third Quarter Confe...

Crystal Lake, Illinois, August 26, 2015 — AptarGroup, Inc. (NYSE: ATR) today announced that the Company will host an Analyst Day in New York City on Wednesday, September 9, 2015, beginning at 8:00 a.m. EDT. Senior executives from the Company will speak and then answer questions from a live audience. Interested parties can access the presentation slides and listen live by visiting the Investor Relations page of AptarGroup’s website at www.aptar.com. A replay of this event will be available on the website for 30 days.

As previously announced, AptarGroup plans to report its 2015 third quarter results after trading on the New York Stock Exchange has closed on Thursday, October 29, 2015. AptarGroup will hold a conference call on Friday, October 30, 2015, at 8:00 a.m. CDT (9:00 a.m. EDT) to discuss the third quarter results. The conference call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page of the AptarGroup website. Replay of the conference call can also be accessed on the Investor Relations page of the website.

Download the full press release.

August 26, 2015

Video: Aptar's Sustainability Initiatives

At Aptar, we’re always looking for ways to improve on our sustainability efforts and this year is no different. Throughout the year we have been working extremely hard to deliver the best possible results for our customers, as well as our planet. We would like to share a few key sustainability updates, including a new sustainability video, information about Aptar’s internal Landfill Free program, recent ISO 50001 and ISO 14001 certifications and more!

Aptar’s Sustainability Video

We hope you enjoy the short video below which highlights our progress toward some of our key sustainability initiatives.

 

Landfill Free Certifications

Having achieved a recycling/reuse rate of 90% or above, as proven by third-party audit, Aptar Stratford in Connecticut is the tenth Aptar location to certify through the internal Landfill Free program. Stratford joins the ranks of these certified Aptar locations: Torelló, Spain, Chieti and Pescara, Italy, Dortmund and Menden, Germany, Verneuil, Poincy and Charleval, France, and Mukwonago, Wisconsin.

ISO 50001 and ISO 14001 Certifications

Through the recent achievement of ISO 9001, 14001 and 50001 certifications, Aptar Oyonnax in France demonstrated an ongoing commitment to quality, environment and energy management systems. Aptar Radolfzell and Eigeltingen in Germany have also achieved ISO 50001 certification for their energy management system. For the full list of Aptar’s ISO 50001 and ISO 14001 Certifications, please visit our website.

Sustainability Report

In May we published our 2014 Corporate Sustainability Report. We invite you to learn more about these and other initiatives that took place in Aptar throughout 2014 and invite you to visit our website for more information.

August 25, 2015

AptarGroup’s Strong Operating Results Drive Record Quarterly Ea...

Crystal Lake, Illinois, July 28, 2015 — AptarGroup, Inc. (NYSE:ATR) announced record quarterly earnings per share on both a reported basis and also after excluding the effect of a change in inventory valuation methods.    

Second Quarter 2015 Summary

  • Improved operating margins across each segment drove record earnings per share
  • Reported earnings per share rose to a record $0.90 compared to $0.79 reported in the prior year
  • Second quarter pre-tax earnings included a positive impact of approximately $7.4 million (approximately $0.08 per share after-tax) related to a change in accounting for certain inventories from the last in, first out (LIFO) method to the first in, first out (FIFO) method
  • Excluding the effects of the change to the FIFO inventory valuation method, earnings per share were $0.82 compared to prior year currency-adjusted earnings per share of $0.68
  • Excluding currency translation effects, core sales increased approximately 2% (reported sales decreased 11%)

Read the full press release or visit our Investor Relations web page.

July 30, 2015

Video: Aptar Stratford Selected as Northeast Business Leader for ...

Northeast Energy Efficiency Partnerships (NEEP) has chosen Aptar Stratford as a 2015 ‘Northeast Business Leader for Energy Efficiency’ for its efforts to foster the economy and protect the environment via its commitment to energy efficiency. The 14 organizations named as this year’s Business Leaders, including Aptar Stratford, will be recognized the NEEP workshops at the Omni Mt. Washington Resort in Bretton Woods, New Hampshire November 12-13, 2015.

Nominated by United Illuminating (UI), the company is being honored for its continued efforts to advance energy efficiency in its operations, which has resulted in annual energy savings of over 900,000 kWh, and cost savings of nearly $121,000.

View a video highlighting Aptar Stratford’s energy efficiency accomplishments.

 The Northeast Business Leaders for Energy Efficiency recognition program highlights the accomplishments of organizations that are participating in energy efficiency programs across the region. Aptar Stratford was selected for recognition based on its success to:

  • Achieve energy savings through investment in cost efficient measures;
  • Address comprehensive changes in major energy systems such as lighting, HVAC, building envelope, office equipment and industrial processes, with a focus on improvements in multiple fuel categories;
  • Continue improvements in energy performance through management level support and operational practices; and
  • Demonstrate leadership to advance energy efficiency and to promote its benefits within their communities.

“NEEP is proud to recognize Aptar Stratford for its success and commitment to energy efficiency,” said Sue Coakley, Executive Director of NEEP. “Aptar Stratford provides an excellent example of how energy efficient measures can improve a company’s bottom line, contribute to economic growth and reduce environmental impact.”

Aptar Stratford will be recognized, along with 13 other Northeast Energy Efficiency Business Leaders the NEEP workshops at the Omni Mt. Washington Resort in Bretton Woods, New Hampshire November 12-13, 2015.

July 24, 2015

AptarGroup Declares Quarterly Dividend

The Board of Directors of AptarGroup, Inc. declared a quarterly cash dividend of $0.28 per share. The payment date is August 19, 2015, to stockholders of record as of July 29, 2015.

As previously announced, AptarGroup will hold a conference call on Wednesday, July 29, 2015, at 7:00 a.m. Central Time to discuss the Company’s second quarter results for 2015. The call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page at www.aptar.com. Replay of the conference call can also be accessed on the Investor Relations page of the website.

Read the full press release.

July 16, 2015

AptarGroup Announces Change to Date and Time for Second Quarter C...

AptarGroup, Inc. announced that it has changed the date and time for its second quarter 2015 earnings conference call to Wednesday, July 29, 2015 at 7:00 a.m. Central Time. The previously announced date and time of the call were changed in order to avoid conflicting with another company’s earnings conference call. Accordingly, the Company now expects to announce its second quarter results after trading on the New York Stock Exchange has closed on Tuesday, July 28, 2015.

Read the full press release.

July 9, 2015

AptarGroup Releases Corporate Sustainability Report

On May 21, AptarGroup released its 2014 Corporate Sustainability Report. The report highlights activities that took place across the company’s global portfolio throughout 2014 and is the first prepared by AptarGroup using the Global Reporting Initiative (GRI) G4 framework. This report includes information about global energy consumption for which AptarGroup has obtained external assurance regarding the reliability of the data.

AptarGroup strives for solutions respecting the environment and conserving natural resources. Featured in the report are examples of the work AptarGroup has done to reduce waste to landfill; test and evaluate new, more efficient equipment; and institute new processes and procedures to reduce energy and water use.

“We are committed to managing our business with respect for our employees, customers, communities and the environment,” said Steve Hagge, President and CEO, AptarGroup. “The 2014 Corporate Sustainability Report features many of our success stories and on-going sustainability efforts, along with our initiatives for the future.”

By conducting life cycle assessments and exploring alternate materials, AptarGroup makes every effort to better the impacts our products have on the world in which we live. In addition, AptarGroup continuously invests in research and development to provide new, innovative dispensing solutions that improve the lives of millions of consumers.

To minimize paper waste, AptarGroup encourages readers to view the Corporate Sustainability Report at www.aptar.com/sustainability-overview.

May 21, 2015

AptarGroup Posts Strong Earnings Per Share Growth on a Comparable...

Crystal Lake, Illinois, April 30, 2015 — AptarGroup, Inc. (NYSE:ATR) reported first quarter sales and earnings per share. Excluding currency effects, comparable earnings per share increased significantly over the prior year despite a slight decline in sales.

First Quarter 2015 Summary

  • Excluding currency translation effects, core sales declined 1%
  • Earnings per share reached $0.70, a 17% increase over the prior year currency-adjusted earnings per share of $0.60
  • Reported sales and earnings per share were negatively impacted by weak foreign currencies, primarily the Euro
  • Reported sales decreased 13% to $590 million and reported earnings per share decreased 1% to $0.70 per share from $0.71 per share reported in the prior year
  • Pharma segment delivered excellent results with core sales growth in each market
  • Each business segment achieved operating profit margins equal to or above the prior year’s levels

Download the full press release. For more information, please visit Aptar’s Investor Relations webpage.

April 30, 2015

Aptar Aims to be Landfill Free

This article was last updated on December 9, 2015

Aptar’s internal Landfill Free program encourages the reduction, reuse and recycling of waste byproducts from our manufacturing processes. Site-level waste management processes are audited to internal standards by a third-party. Facilities that are able to show at least 90 percent reuse/recycling are recommended for internal certification. View the list of Aptar facilities that have achieved the internal Landfill Free certification here.

Our Landfill Free program has helped us achieve reductions in the amount of hazardous and non-hazardous wastes we send to landfills. Below is a photo showing how our sustainability teams in Italy commissioned Moreno Pola, Aptar employee and local artist, to create sculptures made of recyclable cardboard. The sculptures are prominently displayed in the on-site cafeterias, bringing awareness to the program and engaging employees.

Cardboard artwork

April 29, 2015

AptarGroup Declares Quarterly Dividend

Apr. 17, 2015

The Board of Directors of AptarGroup, Inc. (NYSE: ATR) has declared a quarterly cash dividend of $0.28 per share. The payment date is May 20, 2015, to stockholders of record as of April 29, 2015.

As previously announced, AptarGroup will hold a conference call on Friday, May 1, 2015, at 8:00 a.m. Central Time to discuss the Company’s first quarter results for 2015. The call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page at www.aptar.com. Replay of the conference call can also be accessed on the Investor Relations page of the website.

April 17, 2015