10.31.13
West
3Q Revenues: $341.8 million (+13%)
3Q Earnings: $26.8 million (+81%)
YTD Revenues: $1.0 billion (+9%)
YTD Earnings: $88.7 million (+49%)
Comments: Pharmaceutical Packaging Systems (PPS) sales were $251.5 million, up 17% in the quarter, driven by sales of FluroTec and Teflon coated components, and Westar RS and RU products. Pharmaceutical Delivery Systems (PDS) sales were $90.8 million, up 3%, reflecting a 13% improvement in product sales, offset by a decline in contract manufacturing revenues.
3Q Revenues: $341.8 million (+13%)
3Q Earnings: $26.8 million (+81%)
YTD Revenues: $1.0 billion (+9%)
YTD Earnings: $88.7 million (+49%)
Comments: Pharmaceutical Packaging Systems (PPS) sales were $251.5 million, up 17% in the quarter, driven by sales of FluroTec and Teflon coated components, and Westar RS and RU products. Pharmaceutical Delivery Systems (PDS) sales were $90.8 million, up 3%, reflecting a 13% improvement in product sales, offset by a decline in contract manufacturing revenues.