Aptargroup Inc Q1 2021 Earnings Call Summary

Edited Brief of ATR.N earnings conference call or presentation 30-Apr-21 1:00pm GMT

...A. Highlights: Serves patients and consumers across a variety of end markets. 1. This makes ATR a resilient business through economic cycles. a. i. Most recent period is no exception. 2. Co. has industry's widest range of dispensing systems, active material science solutions, and drug delivery technologies and services that it leverages across reporting segments. 3. Customers benefit from Co.'s commitment to R&D and new innovations that allow it to help them grow their own businesses. 4. Has maintained strong focus on sustainability. Recently named among Top 10 companies for reducing environmental impact by JUST Capital. a. 5. Reported sales increased 8% and core sales increased 1% vs. 1Q20 when COVID-19 was not yet a major factor in quarterly results. 6. Adjusted EBITDA margin comparable to prior year, while absorbing mix shift within Pharma segment and relative mix across three segments. 7. Food + Beverage: Delivered stellar performance as consumers continued to cook at home during pandemic,...

Brief