Page 1

Aptar Aptar Reports First Quarter 2021 Results Crystal Lake , Illinois , April 29 , 2021 -- AptarGroup , Inc. ( NYSE : ATR ) , a global leader in drug delivery , consumer product dispensing and active material science solutions , today reported first quarter results for 2021 . First Quarter 2021 Summary • • • • • • Reported sales grew 8 % ; core sales ( excluding acquisitions and currency effects ) increased 1 % Strong demand for our innovative food dispensing closures , the passing through of resin costs and currency effects drove double digit growth in reported sales and core sales in the Food + Beverage segment Currency effects contributed to reported sales growth in the Pharma segment and core sales were in line with prior year Acquisitions and currency effects contributed to reported sales growth in the Beauty + Home segment and core sales declined 3 % Reported earnings per share totaled $ 1.24 ( an increase of 48 % compared to the prior year ) Reported earnings per share included a non - cash gain of $ 0.19 per share related to an increase in the fair value of an equity investment • Adjusted earnings per share , excluding restructuring charges ( $ 0.04 per share ) and the gain on an equity investment , totaled $ 1.09 ( an increase of 10 % compared to the prior year when neutralizing currency effects ) • Tax expense was reduced in the quarter due to certain benefits , primarily deductible stock - based compensation First Quarter Results For the quarter ended March 31 , 2021 , reported sales increased 8 % to $ 777 million compared to $ 722 million in the prior year . Core sales , excluding the impacts from changes in currency exchange rates and acquisitions , increased 1 % . 1