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Revenues up 13% in the quarter, driven by packaging systems
October 31, 2013
By: Tim Wright
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.
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