AptarGroup Reports Fourth Quarter And Annual Results; Updates Status Of European Operations Optimization Plan

AptarGroup, Inc. (NYSE:ATR) today reported fourth quarter and annual results. The Company also updated the status of its previously announced plan to optimize certain European operations.

Fourth Quarter 2012 Summary

• Reported sales increased 5% (core sales increased 2% excluding currency and acquisition effects)
• Growth in the beauty, personal care, and beverage markets offset the anticipated softness in the generic allergy treatment market
• Latin America and Asia sales growth remained strong
• Reported earnings per share of $0.52 included the negative impact of $0.05 per share from charges related to the European Operations Optimization plan
• Aptar Stelmi contributed $0.03 to earnings per share
• Earnings were positively impacted by tax related items of $1.3 million, or approximately $0.02 per share
• Quarterly dividend increased 14% to $0.25 per share

FOURTH QUARTER RESULTS

For the quarter ended December 31, 2012, reported sales increased 5% to $571 million from $545 million a year ago. Recently acquired Aptar Stelmi contributed approximately $31 million or 6% to the quarterly sales growth. Changes in currency exchange rates negatively impacted sales by approximately 3%.

Fourth Quarter Segment Sales Analysis
(Change Over Prior Year)
			Beauty +								Food +				Total
			Home				Pharma				Beverage				AptarGroup
Core Sales			3	%			-4	%			9	%			2	%
Currency Effects			-3	%			-2	%			-1	%			-3	%
Acquisitions							23	%							6	%
Total Reported Growth			0	%			17	%			8	%			5	%

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