earnings
confidence high
sentiment neutral
materiality 0.75
Aptar Q2 sales top $1B; adjusted EPS $1.42; CEO Tanda to be succeeded by Touya on Sept 1
APTARGROUP, INC.
- Reported sales $1.03B (+6% reported, +1% core); reported EPS $1.36, adjusted EPS $1.42 (vs $1.68 prior year).
- Pharma core +1% (high single-digit ex-emergency medicine); Beauty core +1%; Closures core +4%.
- Adjusted EBITDA margin 20.7% vs 22.6% prior year; margins impacted by product mix and operational factors.
- Q3 adjusted EPS guidance $1.45-$1.53; dividend $0.48/share payable Aug 20; $50M share repurchases in Q2.
- CEO Stephan Tanda to retire; Gael Touya to become CEO effective Sept 1, 2026.