Aptar Reports Third Quarter 2020 Results

AptarGroup, Inc. (NYSE:ATR) today reported third quarter results for 2020 and provided an update related to COVID-19 including the Company’s continued supply of essential products for critical industries.

Third Quarter 2020 Summary:
*Reported sales increased 8%, including positive effects of currency translation rates and recent acquisitions, and core sales increased 2%
*Strong reported and core growth in our Pharma segment
*Core sales growth in the food, personal care and home care markets
*Sales to the beauty and beverage markets continue to be impacted by COVID-19 pandemic
*Recent acquisitions are performing well
*Reported earnings per share totaled $0.95 (an increase of 12% compared to the prior year)
*Reported net income totaled $64 million (an increase of 12% compared to the prior year)
*Cash flow from operations was $381 million in the first nine months of 2020 (a slight increase over the prior year)
*Free cash flow was $208 million in the first nine months of 2020 (an increase of 8% compared to the prior year)
*Declared quarterly dividend of $0.36 per share
details at: https://investors.aptar.com/news/news-details/2020/Aptar-Reports-Third-Quarter-2020-Results/default.aspx

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