AptarGroup, Inc. (ATR)

AptarGroup, Inc. designs, manufactures, and sells product dispensing systems. It operates in three segments: Beauty & Home, Closures, and Pharma. The Beauty & Home segment primarily sells pumps and aerosol valves, and accessories to the personal care, household, and food/beverage markets; pumps and decorative components to the fragrance/cosmetic market; and fragrance/cosmetic and personal care fine mist spray pumps, personal care lotion pumps, and continuous spray aerosol valves. The Closures segment provides dispensing closures and non-dispensing closures primarily to the personal care, food/beverage, and household markets. The Pharma segment offers pumps and metered dose inhaler valves for allergy, cold, or flu treatments to the pharmaceutical market. The company sells and markets its products through sales force, independent representatives, and distributors in the United States, Europe, Argentina, Brazil, Canada, China, India, Indonesia, Japan, Mexico, and Thailand. AptarGroup Inc. was founded in 1992 and is based in Crystal Lake, Illinois.

For the nine months ended 30 September 2006, AptarGroup, Inc.'s revenues increased 13% to $1.18B. Net income decreased 1% to $75.7M. Revenues reflect higher sales from Beauty & Home segments, increased income from Closures and higher revenues from Pharma segment. Net income was offset by increased cost of sales, higher selling & administrative expenses, increased depreciation & amortisation expenses and higher interest expenses.