AptarGroup Leans on Pharma, Food, and Beverage Growth
AptarGroup (NYSE: ATR) released second-quarter 2019 results on Wednesday after the markets closed, detailing strong core sales increases from two of its three business segments, as well as a pair of strategic purchases that will help fuel its appetite for acquisitive growth. But shares of the dispensing-systems leader also pulled back around 3% from their all-time highs after the company followed with seemingly light forward earnings guidance.
That's not exactly a wild drop by today's standards. But it's worth taking a closer look at not only what AptarGroup accomplished over the past few months, but also the cause of that conservative outlook.
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