West Pharma (WST) Tops Q1 EPS by 2c; Boosts Lower-End of FY16 Outlook

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West Announces First Quarter 2016 Results

April 28, 2016 7:01 AM EDT

EXTON, Pa., April 28, 2016 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST) today announced its financial results for the first quarter 2016 and updated financial guidance for the full-year 2016. 

First Quarter 2016 Highlights

Reported net sales of $362.1 million grew 7.8% over the prior-year quarter. Net sales at constant currency grew by 10.5%. Adjusted operating profit margin of 15.4% increased by 120 basis points over the prior-year quarter. First-quarter 2016... More