Aptar Reports First Quarter Results; Declares Quarterly Dividend

Crystal Lake, Illinois, April 26, 2018 — AptarGroup, Inc. (NYSE:ATR) today reported first quarter results and declared a quarterly dividend.

First Quarter Summary

  • Reported sales increased 17%, including the positive effect of currency rates (+10%)
  • Core sales, excluding currency effects, rose 7% driven by growth in each business segment
  • Reported net income (8% of net sales) increased 14% to $59 million
  • Adjusted EBITDA (19% of net sales) increased 17% to $134 million
  • Reported earnings per share grew 14% to $0.92 and included costs associated with our business transformation ($0.07 per share)
  • Adjusted earnings per share of $0.99 compared to prior year reported earnings per share of $0.81 (+22%) and to prior year currency adjusted earnings per share of $0.90 (+10%)
  • Business transformation progressing as planned

Download the full press release.