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West Pharmaceutical Services (WST) delivers essential innovations in pharmaceutical packaging and injectable drug delivery systems. This page provides investors and industry professionals with timely updates on the company’s strategic developments, financial performance, and technological advancements.
Access authoritative reporting on WST’s earnings announcements, regulatory milestones, product launches, and global partnerships. Our curated news ensures you stay informed about critical developments in elastomer-based components, biologics containment, and self-injection device platforms.
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Bookmark this page for streamlined access to WST’s evolving role in advancing safe, efficient drug delivery solutions worldwide. Check regularly for unbiased insights into one of pharma packaging’s most innovative players.
West Pharmaceutical Services (NYSE: WST) reported its Q1 2023 financial results on April 27, 2023. Net sales were $716.6 million, down 0.5% year-over-year, but organic sales increased by 2.3%. The diluted EPS dropped to $1.85, a decline of 19.2%. The company has raised its full-year net sales guidance to $2.965 billion to $2.990 billion, and adjusted-diluted EPS guidance to $7.50 to $7.65. A dividend of $0.19 per share was approved for Q3 2023, payable on August 2, 2023, to shareholders of record by July 26, 2023. Operational cash flow stood at $138.1 million, reflecting an 8.7% decrease, while free cash flow dropped 34.4% to $56.0 million. The firm anticipates continued growth despite a decline in COVID-19 related sales affecting its Biologics market unit.
West Pharmaceutical Services, a global leader in injectable solutions, announced the release date for its first-quarter 2023 financial results. The results will be published before the market opens on April 27, 2023. A conference call to discuss these results and future business expectations will be held at 9:00 a.m. Eastern Time on the same day. Investors can access a live audio-only webcast on the company’s Investor Relations website. To participate in the call, interested parties need to register in advance to receive dial-in details. A slide presentation will accompany the call and be available on the company's website. West Pharmaceutical reported $2.89 billion in net sales for 2022, marking its 100-year anniversary of innovation in healthcare.
West Pharmaceutical Services, Inc. (NYSE: WST) has announced a quarterly dividend of $0.19 per share, payable on May 3, 2023, to shareholders recorded as of April 26, 2023. This dividend reflects the company's ongoing commitment to returning value to its shareholders. In fiscal year 2022, West generated $2.89 billion in net sales, marking a significant milestone in its 100-year history of innovation in the injectable solutions market. The company supports pharmaceutical developers with reliable containment and delivery solutions, underscoring its critical role in healthcare.
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