42°FOvercastFull Forecast

AptarGroup reports 1Q sales up 4%

CRYSTAL LAKE – AptarGroup Inc. reported sales increased 4 percent to $618 million in the first quarter,. Sales a year ago were $592 million.

The Crystal Lake-based company said earnings per share of $0.59 included the negative impact of $0.05 per share from charges related to the European Operations Optimization plan.

Food + Beverage segment had a strong quarter with 13 percent sales growth and 26 percent segment income growth.

Aptar Stelmi, which was acquired in July 2012, contributed approximately $35 million or 6 percent to the quarterly sales growth.

“Demand for our Food + Beverage dispensing systems was strong in the quarter,” said President and CEO Stephen Hagge. “Our operations in Latin America and Asia posted another quarter of strong growth.”


Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Northwest Herald.


Reader Poll

Have you ever been the victim of hacking?