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Revenues up 6% in the quarter
August 1, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
West 2Q Revenues: $344.5 million (+6%) 2Q Earnings: $30.2 million (+94%) YTD Revenues: $683.9 million (+7%) YTD Earnings: $61.9 million (+38%) Comments: Growth in the quarter was led by increased sales of Pharmaceutical Packaging System’s (PPS) standard packaging components ($251.5 million, up 7%) and Pharmaceutical Delivery System’s (PDS) products ($93.3 million, up 5%). The company received a $20 million exclusivity payment for SmartDose delivery system in the quarter.
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