|
|
Article: AptarGroup Reports Third Quarter Results; Expands Presence in South America; Declares Quarterly Dividend.
- Article from:
- Business Wire
- Article date:
- October 14, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
CRYSTAL LAKE, Ill. -- AptarGroup, Inc. (NYSE:ATR) today reported third quarter results, announced the completion of an acquisition in South America, and declared a quarterly cash dividend of $.15 per share.
Third Quarter 2009 Summary
* Consolidated sales decreased 11% from the prior year level and decreased 7% excluding currency effects and acquisitions
* Operating income reached $52.9 million despite challenging conditions, a decline of 12% from the prior year, of which 4% was due to a charge of $2.6 million for the previously announced facilities consolidation and severance program
* Certain regions and markets stabilized in the third ...