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Currency translation impacts results by 10%
April 30, 2015
By: Kristin Brooks
Managing Editor, Contract Pharma
West 1Q Revenues: $335.9 million (-3%) 1Q Earnings: $32.9 million (+10%) Comments: Currency translation impacted growth by 10%. Sales at constant currency grew 6% due to an increase in high-value packaging component sales. Pharmaceutical Packaging Systems (PPS) sales were $242.5 million, up 8% at constant currency. Pharmaceutical Delivery Systems (PDS) sales were $93.5 million, up 3% at constant currency.
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