West Pharmaceutical reports earnings, sales increases in first quarter

LIONVILLE, Pa. (April 21)–Medical components manufacturer West Pharmaceutical Services Inc. posted net income of $13.3 million on net sales of $149.5 million for the first quarter of 2005, up from net earnings of $7 million on sales of $130.4 million a year ago.

Pharmaceutical packaging components employing the company’s advanced coating technologies and Westar-brand processing continued to fuel sales growth in the quarter, West said.

“First-quarter sales were stronger than expected, both in terms of total sales and profitable sales mix,” said Donald E. Morel, West…

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