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Financial Report: West

May 1, 2014

Pharma Delivery Systems sales up 7% in the quarter


1Q Revenues: $346.8 (+2%)

1Q Earnings: $27.1 million (-15%)

Comments: Pharmaceutical Delivery Systems (PDS) sales were up 7% to $94.0 million and Pharmaceutical Packaging Systems (PPS) sales were flat at $252.9 million. R&D costs increased 3% to $10.0 million in the quarter, mostly due to investments in next-generation packaging components and new products.

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