earnings
confidence high
sentiment neutral
materiality 0.75
Aptar Q2 sales up 16% to $811M, adj EPS $0.91 (+7%), core sales +10%; Q3 guidance $0.90-$0.98
APTARGROUP, INC.
2021-Q2 EPS reported
$2.05
revenue$1,587,786,000
- Reported sales $811M (+16% YoY); core sales +10% aided by double-digit growth in Beauty+Home and Food+Beverage.
- Reported EPS $0.81 (+29%); adj EPS $0.91 (+7% neutralizing currency); net income $55M (+32%).
- Pharma core sales +2% as destocking of allergic rhinitis/cough-cold inventory continues; elastomer demand strong.
- Free cash flow H1 $39M (down 63%) due to higher capex and working capital; cash from ops $176M (-23%).
- Q3 adj EPS guidance $0.90-$0.98; expects gradual improvement through H2 with acceleration toward year-end.