West Pharmaceutical posts earnings, sales gains in second quarter

From Rubber & Plastics News
Lionville, Pennsylvania-Medical components manufacturer West Pharmaceutical Services Inc. reported net income of $12.8 million on net sales of $173 million in the second quarter, boosted by the acquisition of the Tech Group Inc.’s North American and European businesses in May.

The Tech Group added $17.5 million of sales, accounting for nearly 13 percent of West’s sales growth during the period, according to the company’s second quarter results released July 21. Sales in West’s remaining businesses rose to $155.5 million compared to $136.1…

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