This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

AptarGroup Reports Record Fourth Quarter Sales And Completes Record Year

Stocks in this article: ATR

AptarGroup, Inc. (NYSE:ATR) today reported record fourth quarter sales and record annual sales and earnings per share.

Fourth Quarter 2011 Summary

  • Sales up 3% to fourth quarter record of $545 million
  • Strong sales growth in Pharma and Food + Beverage segments
  • Beauty + Home sales and margins affected by softness in the U.S. and Europe
  • Effective tax rate rose to 36.2% compared to 30.4% a year ago due to increased French taxes of $1.7 million primarily related to a surtax enacted in December
  • Reported earnings per share reached $.57 compared to $.59 a year ago


For the quarter ended December 31, 2011, reported sales increased 3% to $544.5 million from $530.8 million a year ago. The effect of changes in currency exchange rates was insignificant.

Fourth Quarter Segment Sales Analysis

(Change Over Prior Year)

Beauty + Home   Pharma   Food + Beverage   AptarGroup
Product Sales (including tooling) --- 7 % 11 % 3 %
Currency Effects -1 % --- -1 % ---
Acquisitions 1 %   ---     ---     ---  
Total Reported Growth 0 %   7 %   10 %   3 %

Commenting on the quarter, Stephen J. Hagge, President and CEO, said, “The diversity of the markets and regions we serve once again proved that we can continue to grow in spite of softness in any one particular market or region. Consolidated sales grew on a reported and organic basis by 3%. As we anticipated, it was a challenging quarter for our Beauty + Home segment. We were going up against a strong fourth quarter of 2010 and certain customers remained cautious going into the end of the year particularly in the U.S. and Europe. However, strong results from Latin America and Asia allowed our Beauty + Home segment to achieve sales that were in-line with the prior year. Demand for our patient-friendly drug delivery devices from the prescription drug market drove our Pharma segment’s sales growth of 7%, and demand for innovative dispensing closures from the beverage market was the primary reason behind our Food + Beverage segment’s sales growth of 10%.”

1 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs