other material
confidence high
sentiment neutral
materiality 0.60
AptarGroup realigns segments into Pharma, Beauty, Closures; recasts 2022 & 2021 data
APTARGROUP, INC.
- Effective Jan 1, 2023: combined all closures into Aptar Closures; renamed Beauty+Home to Aptar Beauty.
- FY 2022 net sales $3.32B (up 2.9% YoY); adjusted EBITDA $616.7M vs $607.5M in 2021.
- Aptar Closures FY 2022 adjusted EBITDA margin 11.7%, down from 14.3% in 2021.
- Aptar Beauty FY 2022 adjusted EBITDA margin 12.4%, up from 10.6% in 2021.
- Recast quarterly and annual segment revenue and adjusted EBITDA furnished for 2022 and 2021.