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Stock impact report

West Pharmaceutical's Q3 Performance Shows Rising Demand For Syringes, Company Boosts Annual Forecast And Dividend [Yahoo! Finance]

West Pharmaceutical Services, Inc. (WST) 
Last west pharmaceutical services, inc. earnings: 4/23 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.westpharma.com
Company Research Source: Yahoo! Finance
The designer and manufacturer of injectable pharmaceutical packaging and delivery systems reported sales of $746.9 million, beating the consensus of $709.62 million The Proprietary Products Segment's sales declined by 0.2% to $601.4 million, and the organic net sales decline was 0.5%. High-value products (components and devices) represented over 75% of segment net sales in the period, led by customer demand for self-injection device platforms. Sales in the Contract-Manufactured Products Segment grew marginally by 0.4% to $145.5 million. Organic net sales were consistent with the third quarter of last year. Segment performance was driven by growth in self-injection devices for obesity and diabetes, offset by a decrease in sales of healthcare diagnostic devices. Eric M. Green, President, CEO, and Chair of the Board, commented, “We are pleased to report solid third-quarter results...This reinforces my confidence in West's execution capabilities as we continue to deliver our pr Show less Read more
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