Management ChangeApr 30, 2026, 05:32 PM
ATR Names Gael Touya CEO; Q1 Sales +11% to $982.9M, EPS $1.12
AI Summary
AptarGroup, Inc. announced Gael Touya as its next CEO, effective September 1, 2026, alongside its first-quarter 2026 results. The company reported an 11% increase in sales to $982.9 million, though core sales remained flat. Net income decreased 8% to $73 million, with reported EPS down 4% to $1.12. Segment performance was mixed, with Pharma core sales declining due to emergency medicine destocking, while Beauty saw 3% core sales growth. Aptar also returned $131 million to shareholders and provided Q2 2026 adjusted EPS guidance of $1.32 to $1.40.
Key Highlights
- Gael Touya named Aptar's next CEO, effective September 1, 2026.
- Q1 2026 reported sales increased 11% to $982.9 million, while core sales were flat.
- Q1 2026 reported net income decreased 8% to $73 million.
- Q1 2026 reported earnings per share decreased 4% to $1.12.
- Returned $131 million to shareholders through share repurchases and dividends.
- Pharma core sales declined 1% due to emergency medicine destocking, despite strong injectables growth.
- Beauty core sales grew 3% driven by increased demand in fragrance and personal care.
- Q2 2026 adjusted earnings per share is expected to be in the range of $1.32 to $1.40.