Aptar S&E
This article was originally published in The Rose Sheet
Executive Summary
Dispensing systems segment sales reached $219.2 mil. in Q1, up 21.7% over the year ago period, led by increased sales in personal care, fragrance and cosmetics, food and beverage segments, Crystal Lake, Ill. firm reports in April 17 sales and earnings call. Earnings before interest and taxes gained 14.6% to $29.9 mil. Sales for AptarGroup's SeaquistPerfect subsidiary grew 15.1% to $47.9 mil. in the quarter on increased demand from the personal care segment, company says. SeaquistPerfect manufactures dispensers such as sprays, pumps and accessories for personal care, household, industrial and automotive markets. AptarGroup consolidated sales were up 21.2% to $265.1 mil in the quarter...