APTARGROUP INC
			Symbol			ATR

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AptarGroup Reports Third Quarter Results; Expands Presence in South America; Declares Quarterly Dividend

2009-10-14 17:01 ET - News Release

Company Website: http://www.aptargroup.com
CRYSTAL LAKE, Ill. -- (Business Wire)

AptarGroup, Inc. (NYSE:ATR) today reported third quarter results, announced the completion of an acquisition in South America, and declared a quarterly cash dividend of $.15 per share.

Third Quarter 2009 Summary

• Consolidated sales decreased 11% from the prior year level and decreased 7% excluding currency effects and acquisitions
• Operating income reached $52.9 million despite challenging conditions, a decline of 12% from the prior year, of which 4% was due to a charge of $2.6 million for the previously announced facilities consolidation and severance program
• Certain regions and markets stabilized in the third quarter leading to improved sales and profits over the second quarter
• South American acquisition was completed
• Strong balance sheet was maintained

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