West Pharmaceutical Services 2Q
2Q Revenues: $308 million (+9%)
2Q Earnings: $20 million (-7%)
YTD Revenues: $603 million (+8%)
YTD Earnings: $40 million (-5%)
Comments: Most of the 2Q revenue gains were due to fluctuation in currency exchange rates. At constant rates, revenues grew 3% in 2Q. Pharmaceutical Packaging Systems sales grew 11% to $222 million in 2Q. Pharmaceutical Delivery systems sales grew 5% in 2Q to $86 million.