AptarGroup, Inc. (NYSE:ATR) today reported record third quarter results and announced an acquisition and new facility in India.
Third Quarter 2011 Summary
Reported sales rose 16% to a third quarter record of $601 million
Sales before currency effects grew 10%
All three segments continued strong core sales growth
Beauty + Home and Food + Beverage segment income margins were pressured
Reported diluted earnings per share increased 6% to a third quarter record of $.72
Presence in India expanding with post-quarter acquisition and new Pharma facility construction
THIRD QUARTER RESULTS
Reported sales increased 16% to $601.2 million from $517.5 million a year ago. Changes in foreign currency exchange rates contributed 6%.
Third Quarter Segment Sales Analysis
(Change Over Prior Year)
Beauty + Home
Food + Beverage
Product Sales (including tooling)
Total Reported Growth