AptarGroup (ATR) Tops Q4 EPS by 11c

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Aptar Reports Fourth Quarter and Annual Results; Announces Business Transformation Plan Details; Affirms Long-Term Financial Targets

February 12, 2018 5:33 PM EST

CRYSTAL LAKE, Ill.--(BUSINESS WIRE)-- AptarGroup, Inc. (NYSE: ATR) today reported fourth quarter and annual results for 2017. The Company also announced details of its business transformation plan and affirmed its long-term financial targets.

Fourth Quarter Summary

Reported sales increased 16% driven by robust core sales growth in each business segment (+ 10%) and the positive effect of currency rates (+ 6%) Core sales increased in each end market and in each region Reported net income (8% of net sales) was $50 million (equal to the... More