Strong EPS Growth
Aptar delivered adjusted earnings per share of $1.66, an increase of 18% over the prior year quarter, exceeding the high end of their guidance range.
Pharma Segment Performance
Pharma segment showed robust core sales growth with Prescription increasing by 8%, Injectables by 9%, and Active Materials Science Solutions by 11%.
Recognition for Sustainability
Aptar was named one of Time Magazine's World's Most Sustainable Companies for the second year in a row, and was also named to CDP's Supplier Engagement Assessment A List for the 2024 disclosure cycle.
New Acquisition to Expand Capabilities
Acquired Mod3 Pharma's clinical trial manufacturing capabilities, expanding Aptar Pharma services into CDMO field supporting Phase I and Phase II GMP fill and finish services.
Closure Segment Growth
Core sales in the Closures segment increased by 7%, driven by innovation and strong demand across various product categories.