Slide 1: Q3 2024 Results
Q3 2024 Results Stephan Tanda, President & CEO and Bob Kuhn, Executive Vice President and CFO October 25, 2024
Slide 2: Forward Looking Statements & Non-GAAP Financial Measures
Forward Looking Statements & Non-GAAP Financial Measures This presentation includes forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based
Slide 3: Q3 2024 Financial Highlights
Q3 2024 Financial Highlights Highlights: +2% Reported Sales Growth +2% Core Sales Growth* • Reported strong third quarter results due to solid operational performance and margin improvement across the company • Positive results in the quarter were driven by: +17% o Ongoing demand for our pharma prop
Slide 4: Recent Segment Highlights and Product Launches
Recent Segment Highlights and Product Launches Aptar Pharma Aptar Beauty Aptar Closures • U.S. FDA and European Commission approved nasally • Puig is featuring our prestige fragrance pump on • Campbell’s® launched its Pace® taco sauces in an delivered epinephrine neffy® and EURneffy® its Paco Rabann
Slide 5: Third Quarter 2024 Reported Results
Third Quarter 2024 Reported Results Q3 Reported Sales Q3 Reported EPS Q3 Highlights (in millions $) $1,200 $1.60 $1.48 17% $1.40 $1.26 $1,000 $893 2% $909 • Reported net income of $100 million increased $1.20 $800 19% $1.00 $600 $0.80 • Pharma’s strong performance was driven by $0.60 $400 continued
Slide 6: Third Quarter 2024 Adj. EPS and Adj. EBITDA
Third Quarter 2024 Adj. EPS and Adj. EBITDA Q3 Adjusted EPS * * Q3 Adjusted EBITDA (in millions $) $1.80 $250 $1.49 8% $208 $1.60 $1.40 6% $193 $1.40 $200 $1.20 $150 $1.00 $0.80 $100 $0.60 $0.40 $50 $0.20 $- $- Q3 2023 Q3 2024 Q3 2023 Q3 2024 24% 24% Adjustments: • 2023: Restructuring Initiatives of
Slide 7: Year-to-Date 2024 Reported Results
Year-to-Date 2024 Reported Results YTD Reported Sales (in millions $) YTD Reported EPS Year-to-Date Highlights $3,500 $4.50 $4.05 $3,000 3% $2,735 $4.00 22% $2,649 $3.50 $3.32 • Double-digit earnings per share growth $2,500 $3.00 over the prior year period $2,000 $2.50 $1,500 $2.00 • Net cash provid
Slide 8: Year-to-Date 2024 Adj. EPS and Adj. EBITDA
Year-to-Date 2024 Adj. EPS and Adj. EBITDA YTD Adjusted EPS YTD Adjusted EBITDA* (in millions $) $4.50 $4.12 $700 15% $580 $4.00 $3.58 $600 $528 10% $3.50 $500 $3.00 $2.50 $400 $2.00 $300 $1.50 $200 $1.00 $0.50 $100 $- $- YTD 2023 YTD 2024 YTD 2023 YTD 2024 25% 23% Adjustments: YTD 2023 YTD 2024 • 2
Slide 9: Outlook
Outlook Outlook Highlights • Anticipate a solid finish to a strong year, with top line Earnings Per Share expected to grow in the fourth quarter 20-22% • We expect to achieve double-digit adjusted EPS growth $1.60 for the full year, with a full year adjusted EPS guidance $1.40 $1.24 $1.22 – $1.30 ra
Slide 10: Appendix
Aptar.4 Appendix
Slide 11: Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income
Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income (Unaudited) ($ In Thousands) 11
Slide 12: Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income
Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income (Unaudited) ($ In Thousands) 12
Slide 13: Reconciliation of Adjusted Earnings Per Diluted Share
Reconciliation of Adjusted Earnings Per Diluted Share (Unaudited) ($ In Thousands Except Per Share Data) 13
Slide 14: Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income
Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income (Unaudited) ($ In Thousands) 14
Slide 15: Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income
Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income (Unaudited) ($ In Thousands) 15
Slide 16: Reconciliation of Adjusted Earnings Per Diluted Share
Reconciliation of Adjusted Earnings Per Diluted Share (Unaudited) ($ In Thousands, Except Per Share Data) 16
Slide 17: Reconciliation of Adjusted EBIT After Taxes to Net Income
Reconciliation of Adjusted EBIT After Taxes to Net Income (Unaudited) ($ In Thousands) 17
Slide 18: Reconciliation of Capital to Stockholders' Equity
Reconciliation of Capital to Stockholders’ Equity (Unaudited) ($ In Thousands) 18
Slide 19: Reconciliation of Free Cash Flow to Net Cash Provided by Operations
Reconciliation of Free Cash Flow to Net Cash Provided by Operations (Unaudited) ($ In Thousands) 19
Slide 20: Reconciliation of Free Cash Flow to Net Cash Provided by Operations
Reconciliation of Free Cash Flow to Net Cash Provided by Operations (Unaudited) ($ In Thousands) 20
Slide 21: Supplemental Information
Supplemental Information 21
Slide 22: Follow us on:
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