Aankondiging • Apr 09
West Pharmaceutical Services, Inc. to Report Q1, 2026 Results on Apr 23, 2026 West Pharmaceutical Services, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Apr 23, 2026 Aankondiging • Mar 13
West Pharmaceutical Services, Inc., Annual General Meeting, May 04, 2026 West Pharmaceutical Services, Inc., Annual General Meeting, May 04, 2026. Aankondiging • Feb 12
West Pharmaceutical Services, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2026 West Pharmaceutical Services, Inc. provided first quarter and full year 2026 guidance. First-quarter 2026 net sales are expected to be in the range of $770 million to $790 million, representing reported growth of 10.3% to 13.2% and organic growth of 4.6% to 7.4%.
Full-year 2026 net sales are expected to be in a range of $3.215 billion to $3.275 billion, which assumes a mid-year 2026 close for the sale of SmartDose 3.5ml to AbbVie. Reported growth is expected to be between 4.6% and 6.5% while organic net sales growth is expected to be approximately 5% to 7%. Net sales guidance includes an estimated full-year 2026 benefit of 2 percentage points based on current foreign currency exchange rates. Aankondiging • Jan 29
West Pharmaceutical Services, Inc. to Report Q4, 2025 Results on Feb 12, 2026 West Pharmaceutical Services, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 12, 2026 Declared Dividend • Dec 12
Dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 28th January 2026 Payment date: 4th February 2026 Dividend yield will be 0.2%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 17%. Aankondiging • Dec 10
West Pharmaceutical Services, Inc. Declares Regular Quarterly Dividend on Common Stock, Payable on February 4, 2026 On December 9, 2025, the board of directors of West Pharmaceutical Services, Inc. declared its regular quarterly dividend of $0.22 per share on the Company's common stock. The dividend is payable on February 4, 2026, to shareholders of record on January 28, 2026. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Mex$5,113, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 25x in the Life Sciences industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,650 per share. Board Change • Dec 04
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Director Janet Haugen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 27
West Pharmaceutical Services, Inc. Announces the Launch of its West Synchrony Prefillable Syringe (PFS) System at CPHI Worldwide in Frankfurt, Germany West Pharmaceutical Services, Inc. announced the launch of its West Synchrony™? Prefillable Syringe (PFS) System at CPHI Worldwide in Frankfurt, Germany. This innovative system marks a significant shift in drug delivery solutions by offering a fully verified platform from a single supplier that will be commercially available in January 2026. The West Synchrony PFS system delivers a fully verified system-level solution designed specifically for biologics and vaccines. It sets a new standard in drug delivery by accelerating syringe selection through its comprehensive performance and regulatory data packages. Key benefits of the West Synchrony PFS system include: Design and System-Level Performance: a single design verification and characterization package from West ensures the form, fit and function of the entire PFS system. Regulatory Ease with Comprehensive Submission: a streamlined submission process with one system-level drug master file and regulatory package tailored for comprehensive regulatory needs. Single Source Supply: single supplier approach, offering make-to-stock and make-to-order supply with low minimum order quantities, ensuring reliability and flexibility. Aankondiging • Oct 09
West Pharmaceutical Services, Inc. to Report Q3, 2025 Results on Oct 23, 2025 West Pharmaceutical Services, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Declared Dividend • Sep 23
Second quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 12th November 2025 Payment date: 19th November 2025 Dividend yield will be 0.3%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 18%. Aankondiging • Sep 12
West Pharmaceutical Services, Inc. Announces Departure of Kimberly Banks Mackay, Senior Vice President, General Counsel, and Corporate Secretary, Effective No Later Than December 31, 2025 On September 11, 2025, West Pharmaceutical Services, Inc. (the “Company”) announced that Kimberly Banks MacKay, Senior Vice President, General Counsel, and Corporate Secretary, will be leaving the Company. The Company and Ms. MacKay have agreed to discuss an appropriate transition period which will end no later than December 31, 2025, to ensure continuity and a smooth and orderly transition of responsibilities. Ms. MacKay will continue her current duties until she leaves the Company. The Company extends its gratitude to Ms. MacKay for her exemplary service and contributions during her tenure and wishes her success in her future endeavors. Declared Dividend • Aug 07
Dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 12th November 2025 Payment date: 19th November 2025 Dividend yield will be 0.3%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 18%. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Director Janet Haugen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 22
West Pharmaceutical Services, Inc. Announces Appointment of Robert McMahon as Senior Vice President, Effective as of August 4, 2025 On July 21, 2025, West Pharmaceutical Services, Inc. Announced the appointment of Robert McMahon as Senior Vice President, effective as of August 4, 2025 (the “Commencement Date”). Mr. McMahon will serve on the Company's senior leadership team and will oversee finance, audit, treasury, tax, investor relations and procurement. Prior to joining West, Mr. McMahon, age 56, served as the Chief Financial Officer of Agilent Technologies Inc., a global leader in life sciences, diagnostics and applied chemical markets, providing application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. At Agilent, he was responsible for finance, audit, treasury, tax, investor relations, IT and procurement. From 2014 to 2018, Mr. McMahon served as Chief Financial Officer at Hologic, Inc., a developer, manufacturer and supplier of premium diagnostics products, medical imaging systems, and surgical products. Prior to Hologic, Mr. McMahon spent 20 years with Johnson & Johnson in various executive financial roles of increasing responsibility. He has also served as an Independent Director at OraSure Technologies, Inc. since 2023. Mr. McMahon earned his Master of Business Administration from the University of Central Florida and his Bachelor's degree from the University of Florida. Aankondiging • Jul 21
West Pharmaceutical Services, Inc. Announces CFO Changes, Effective August 4, 2025 West Pharmaceutical Services, Inc. announced the appointment of Robert McMahon as the company's new Chief Financial Officer (CFO), effective August 4, 2025. Mr. McMahon will succeed Bernard Birkett, CFO, who announced his intention to retire earlier this year. Mr. Birkett will assume the role of Senior Advisor to the CEO through the end of the year to ensure a seamless transition. Mr. McMahon has been Chief Financial Officer of Agilent Technologies Inc. since 2018. In this role, he is responsible for finance, audit, treasury, tax, investor relations, IT and procurement. Prior to Agilent, Mr. McMahon was the CFO at Hologic, Inc. and spent 20 years with Johnson & Johnson, in executive financial roles of increasing responsibility. He has also served as an Independent Director at OraSure Technologies, Inc. since 2023. Aankondiging • Jul 08
West Pharmaceutical Services, Inc. to Report Q2, 2025 Results on Jul 24, 2025 West Pharmaceutical Services, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 24, 2025 Declared Dividend • Jul 02
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 30th July 2025 Payment date: 6th August 2025 Dividend yield will be 0.3%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 20%. Aankondiging • May 06
Labaton Keller Sucharow LLP Announces Securities Class Action Lawsuit Filed Against West Pharmaceutical Services, Inc. and Certain of Its Executives Labaton Keller Sucharow LLP announces that, on May 5, 2025, it filed a securities class action lawsuit (Complaint) on behalf of its client the New England Teamsters Pension Fund (New England Teamsters) against West Pharmaceutical Services, Inc. (Company) and certain West executives (collectively, “Defendants”). The action, which is captioned New England Teamsters Pension Fund v. West Pharmaceutical Services, Inc., No. 25-cv-02285 (E.D. Pa.) asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and U.S. Securities and Exchange Commission Rule 10b-5 promulgated thereunder, on behalf of all persons and entities that purchased or otherwise acquired West common stock between February 16, 2023 and February 12, 2025, inclusive (the “Class Period”). West is a medical supplies company based in Exton, Pennsylvania that operates as a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. The Complaint alleges that, throughout the Class Period, Defendants failed to disclose that: (a) despite claiming strong visibility into customer demand and attributing headwinds to temporary COVID-related product destocking, West was in fact experiencing significant and ongoing destocking across its high-margin High-Value Products portfolio; (b) West’s SmartDose device, which was purportedly positioned as a high-margin growth product, was highly dilutive to the Company’s profit margins due to operational inefficiencies; (c) these margin pressures created the risk of costly restructuring activities, including the Company’s exit from continuous glucose monitoring contracts with long-standing customers; and (d) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading or lacked a reasonable basis. The truth about this fraud was revealed over a series of disclosures culminating on February 13, 2025, when West issued extremely weak 2025 revenue and earnings forecasts. West attributed the disappointing guidance in part to contract manufacturing headwinds, including the loss of two major continuing glucose monitoring customers that had begun transitioning to in-house manufacturing of next-generation devices after West “made the decision to not participate going forward as its financial thresholds cannot be achieved.” West also revealed that its SmartDose wearable injector devices would be “margin-dilutive” in 2025 and that it would be “taking steps to improve [its SmartDose] economics, and all options are on the table.” On this news, West’s stock dropped $123.17 per share, a decline of 38%, to close at $199.11 on February 13, 2025. Aankondiging • Apr 24
West Pharmaceutical Services, Inc. Announces Management Changes On April 22, 2025, Mr. Bernard Birkett notified West Pharmaceutical Services, Inc. of his intention to retire as Senior Vice President later 2025. The Company has initiated a search for Mr. Birkett’s successor and is implementing a comprehensive transition plan. Mr. Birkett will continue in his current role, remaining with the Company until a successor is found to ensure an effective transition. Then he will assume an advisory role until December 31, 2025. On April 24, 2025, the Company announced that it had appointed Shane Campbell to serve as Senior Vice President, Chief Proprietary Segment Officer, effective May 5, 2025 (the "Commencement Date"). Mr. Campbell will serve on the Company's senior leadership team and will oversee the Proprietary Products segment. Mr. Campbell, 45, joins the Company from Carlisle Companies Inc., where he most recently served as Chief Commercial Officer of the Construction Materials business. As an accomplished leader, Mr. Campbell brings extensive global management experience across operations, engineering, commercial and strategy. Over a 20-year career at DuPont, Mr. Campbell served in several senior global leadership roles focused in the areas of elastomers, polymers, building materials, chemicals, packaging and safety. Mr. Campbell received his Master of Business Administration from Harvard Business School and his Bachelor of Mechanical Engineering from the University of Delaware. Aankondiging • Apr 10
West Pharmaceutical Services, Inc. to Report Q1, 2025 Results on Apr 24, 2025 West Pharmaceutical Services, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Aankondiging • Mar 13
West Pharmaceutical Services, Inc., Annual General Meeting, May 06, 2025 West Pharmaceutical Services, Inc., Annual General Meeting, May 06, 2025. Aankondiging • Mar 12
West Pharmaceutical Services, Inc. Announces Executive Changes On March 7, 2025, West Pharmaceutical Services, Inc. announced that Cindy Reiss-Clark, Senior Vice President and Chief Commercial Officer, has departed the Company, effective the same day. As part of this transition, her leadership responsibilities will be managed on an interim basis by Aileen Kinsella, the Company's Head of Proprietary Product Sales. Declared Dividend • Feb 25
Dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 30th April 2025 Payment date: 7th May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 22%. Aankondiging • Feb 21
West Pharmaceutical Services, Inc. Announces Second Quarter 2025 Dividend, Payable on May 7, 2025 West Pharmaceutical Services, Inc. announced that the Company's Board of Directors has approved a second-quarter 2025 dividend of $0.21 per share. The dividend will be paid on May 7, 2025, to shareholders of record as of April 30, 2025. Aankondiging • Feb 14
West Pharmaceutical Services, Inc. Provides Earnings Guidance for the Full Year 2025 West Pharmaceutical Services, Inc. provided earnings guidance for the full year 2025. For the year, the Company anticipates net sales in a range of $2.875 billion to $2.905 billion. Reported Earnings • Feb 13
Full year 2024 earnings released: EPS: US$6.75 (vs US$7.99 in FY 2023) Full year 2024 results: EPS: US$6.75 (down from US$7.99 in FY 2023). Revenue: US$2.89b (down 1.9% from FY 2023). Net income: US$492.7m (down 17% from FY 2023). Profit margin: 17% (down from 20% in FY 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Global Life Sciences industry. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Declared Dividend • Feb 04
Third quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 7th February 2025 Payment date: 11th February 2025 Dividend yield will be 0.2%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 19%. Aankondiging • Jan 30
West Pharmaceutical Services, Inc. to Report Q4, 2024 Results on Feb 13, 2025 West Pharmaceutical Services, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 13, 2025 Aankondiging • Jan 29
West Pharmaceutical Services, Inc. Announces Dividend for the First-Quarter of 2025, Payable on February 11, 2025 West Pharmaceutical Services, Inc. announced that the Company's Board of Directors has approved a first-quarter 2025 dividend of $0.21 per share. The dividend will be paid on February 11, 2025, to shareholders of record as of February 7, 2025. Aankondiging • Jan 22
West Pharmaceutical Services, Inc. Introduces Daikyo PLASCAP RUV Closures in New Nested Format At Pharmapack West Pharmaceutical Services, Inc. announced the introduction of Daikyo PLASCAP Ready-to-Use Validated (RUV) closures in a new nested format available in multiple configurations at this year's Pharmapack event in Paris, France. This marks West's latest product offering supporting the needs of advanced therapies, one of the fastest growing areas, driven by continued innovation in cell and gene therapy treatments. The PLASCAP closure is a metal-free polypropylene cap with an integrated stopper. This one-step press-fit solution for vial closure is offered in ready-to-use, validated formats compatible with vials with 13mm and 20 mm crowns. The new 6x8 nested tub configuration supports the West 10ml nested CZ vials as well as selected nested vials with a 20mm crown. Aankondiging • Dec 11
West Pharmaceutical Services, Inc Elects Janet Haugen as New Director to the Board West Pharmaceutical Services, Inc. announced the Board of Directors has elected Janet Haugen as its newest member. With the addition of Ms. Haugen, West's Board has 12 directors. Ms. Haugen, 66, is the former Chief Financial Officer of Unisys Corporation, a role she served in for more than 16 years. During her 20-year tenure at Unisys, Ms. Haugen oversaw the business transformation from a mainframe hardware, software and maintenance company to an IT services and software provider. In addition to her core finance responsibilities, she had oversight of Unisys' corporate development, IT, procurement, facilities and legal functions. Prior to joining Unisys, Ms. Haugen was a partner at Ernst & Young working with Fortune 500 companies serving global clients in the technology and manufacturing industries.Ms. Haugen currently serves on the Board of Directors of Bentley Systems, Juniper Networks and CentralSquare Technologies. Ms. Haugen earned her degree in Economics from Rutgers University. In addition, she is a certified director of the National Association of Corporate Directors (NACD). Recent Insider Transactions • Nov 03
Insider recently sold Mex$1.4m worth of stock On the 29th of October, Charles Witherspoon sold around 225 shares on-market at roughly Mex$6,209 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$2.8m. Insiders have been net sellers, collectively disposing of Mex$23m more than they bought in the last 12 months. Declared Dividend • Nov 01
Third quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 13th November 2024 Payment date: 20th November 2024 Dividend yield will be 0.2%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 19%. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Steve Lockhart was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 10
West Pharmaceutical Services, Inc. to Report Q3, 2024 Results on Oct 24, 2024 West Pharmaceutical Services, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 24, 2024 Aankondiging • Oct 08
West Pharmaceutical Services, Inc. Announces Resignation of Silji Abraham as Senior Vice President & Chief Technology Officer, Effective December 31, 2024 On October 1, 2024, Silji Abraham, Senior Vice President & Chief Technology Officer of West Pharmaceutical Services, Inc. (the “Company”), notified the Company that he intends to resign, effective December 31, 2024, to pursue other interests. The Company will work with Mr. Abraham and his leadership team to ensure a smooth transition of his duties prior to his departure. Mr. Abraham’s departure is not the result of any disagreement with the Company on matters related to operations, policies or practices, and he will receive no additional compensation as a result of his departure. Board Change • Sep 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Steve Lockhart was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$1.53 (vs US$2.09 in 2Q 2023) Second quarter 2024 results: EPS: US$1.53 (down from US$2.09 in 2Q 2023). Revenue: US$702.1m (down 6.9% from 2Q 2023). Net income: US$111.3m (down 28% from 2Q 2023). Profit margin: 16% (down from 21% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Global Life Sciences industry. Upcoming Dividend • Jul 24
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 31 July 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Mexican dividend payers (7.0%). Lower than average of industry peers (0.5%). Aankondiging • Jul 12
West Pharmaceutical Services, Inc. to Report Q2, 2024 Results on Jul 25, 2024 West Pharmaceutical Services, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 25, 2024 Recent Insider Transactions • Jun 14
Senior VP & CTO recently sold Mex$11m worth of stock On the 12th of June, Silji Abraham sold around 2k shares on-market at roughly Mex$6,213 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$15m more than they bought in the last 12 months. Declared Dividend • Jun 13
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 31st July 2024 Payment date: 7th August 2024 Dividend yield will be 0.2%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 15%. Aankondiging • May 30
West Pharmaceutical Services, Inc. Introduces Daikyo Crystal Zenith® Ready-to-Use Nested Vials in Tub at the International Society for Cell and Gene Therapy West Pharmaceutical Services, Inc. announced that it will unveil its new Daikyo Crystal Zenith® (CZ) Nested Vials in Tub at the International Society for Cell and Gene Therapy (ISCT) Annual Meeting taking place in Vancouver, Canada from May 29- June 1. Designed to meet the exterior dimensions of glass standard ISO-8362-1, CZ nested vials are a demonstrated containment solution for cell and gene therapies, radiopharmaceuticals, and sensitive molecules. CZ's attributes, such as maintaining container closure integrity down to cryogenic temperatures, superior functional recovery of viral vectors, low particulate specification (2% USP), break resistance, and low risk of chemical interaction, make it ideal for advanced therapies. CZ vials have demonstrated to be effective in safely storing gene therapy drugs and meeting the packaging demands from preclinical to commercial phases. Product Specifications: CZ nested vials are available in 2mL and 10mL, and with ISO 8362-1 exterior dimensions; These vials offer flexible closure solutions with crimped closures using NovaPure® stoppers or PLASCAP® press-fit closures with Daikyo stoppers to meet manual, semi-automated or automated capping requirements; The ready-to-use nested vials are first layered with a Tyvek® slip sheet, heat sealed with a breathable Tyvek® lid, double bagged and sterilized; The rigid structure and overall design of the vial nest tub protects the vials during transit and promotes machinability. Declared Dividend • May 07
Dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 31st July 2024 Payment date: 7th August 2024 Dividend yield will be 0.2%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 15%. Aankondiging • Apr 28
Bernard Birkett No Longer Have Principal Operating Officer Position of West Pharmaceutical Services, Inc On April 26, 2024, West Pharmaceutical Services, Inc. (“West”) announced an update to the role of Bernard Birkett, Chief Financial and Operations Officer. Since May 2022, Mr. Birkett served as both the Principal Financial and Principal Operating Officer. Mr. Birkett‘s leadership while in this combined role has greatly enhanced the operations capabilities of both the Proprietary Products and Contract Manufacturing Business Segments. This now allows company to transfer much of the operational leadership and decision-making to each of the Business Segments to further improve the efficiency. Effective May 1, 2024, Mr. Birkett’s title will be solely Chief Financial Officer (“CFO”), where he will retain financial oversight for both Business Segments, operational oversight of the strategic sourcing function and be involved in key operational issues together with other members of the executive team. However, company will no longer have a single principal operating officer. Aankondiging • Apr 12
West Pharmaceutical Services, Inc. to Report Q1, 2024 Results on Apr 25, 2024 West Pharmaceutical Services, Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 25, 2024 Aankondiging • Mar 14
West Pharmaceutical Services, Inc., Annual General Meeting, Apr 23, 2024 West Pharmaceutical Services, Inc., Annual General Meeting, Apr 23, 2024, at 09:30 US Eastern Standard Time. Agenda: To consider the Election of nominees named in the Proxy Statement as directors, each for a term of one year or until their successor is appointed or elected; to consider the Consideration of an advisory vote to approve Named Executive Officer compensation; to consider the Amend and Restate Our Amended and Restated Articles of Incorporation (“Articles”) to Eliminate Supermajority Voting Requirement; to consider the Ratification of the appointment of PricewaterhouseCoopers LLP (“PwC”) as an independent registered public accounting firm for 2024; and to consider other matters. Aankondiging • Feb 20
West Pharmaceutical Services, Inc. Announces Second Quarter 2024 Dividend, Payable on May 1, 2024 West Pharmaceutical Services, Inc. announced that the Company's Board of Directors has approved a second-quarter 2024 dividend of $0.20 per share. The dividend will be paid on May 1, 2024, to shareholders of record as of April 24, 2024. Aankondiging • Feb 15
West Pharmaceutical Services, Inc. Provides Earnings Guidance for the Full Year 2024 West Pharmaceutical Services, Inc. provides earnings guidance for the full year 2024. For the period, the company expects net sales are expected to be in a range of $3.000 billion to $3.025 billion. Organic net sales growth is expected to be approximately 2% to 3%. Net sales guidance includes an estimated full-year 2024 headwind of $8 million based on current foreign currency exchange rates. Aankondiging • Feb 02
West Pharmaceutical Services, Inc. to Report Q4, 2023 Results on Feb 15, 2024 West Pharmaceutical Services, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 15, 2024 Upcoming Dividend • Jan 24
Upcoming dividend of US$0.20 per share at 0.2% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 07 February 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Mexican dividend payers (6.9%). Lower than average of industry peers (0.5%). Aankondiging • Dec 06
West Pharmaceutical Services, Inc. Announces Dividend for the First Quarter of 2024, Payable on February 7, 2024 West Pharmaceutical Services, Inc. announced that the company's Board of Directors has approved a first-quarter 2024 dividend of $0.20 per share. The dividend will be paid on February 7, 2024, to shareholders of record as of January 31, 2024. Aankondiging • Dec 05
West Pharmaceutical Services, Inc. Receives FDA 510(K) Clearance for Vial2bag Advanced 13mm Admixture Device West Pharmaceutical Services, Inc. announced FDA 510(k) clearance and launch of its Vial2Bag Advanced 13mm admixture device. The addition of the Vial2Bag Advanced 13mm admixture device complements West's existing Vial2Bag Advanced 20mm admixture device, with the two products providing options for the reconstitution and transfer of a drug using either a 13mm or 20mm vial and an IV bag before administration to the patient. The device is needle-free and has both a dual channel design to provide dedicated fluid pathways into and out of the IV bag and a robust vial spike design for connection to the drug vial. Vial2Bag Advanced 13mm admixture device has been officially launched at Progressive Medical Inc.'s Booth #500 at the American Society of Health-System Pharmacists Midyear Clinical MeetingDec. 3 through 7, in Anaheim, CA. The Vial2Bag Advanced 13mm admixture device is indicated to serve as a connection between a 50, 100 or 250ml IV bag, vial with 13mm closure, and an external IV administration set. The integrated vial adapter makes it possible to reconstitute and/or admix drugs prior to administration to the patient. The Vial2Bag Advanced 13mm admixture device is indicated for adolescent and adult patients only. The Vial2Bag Advanced 13mm and 20mm admixture devices are 510(k) cleared by the United States Food and Drug Administration. Products are shown for INFORMATION purposes only and may not be approved for marketing in specific regions. These products are for prescription use only. The Vial2Bag Advanced 13mm and 20mm admixture devices are intended for U.S. healthcare professional use only. Aankondiging • Oct 13
West Pharmaceutical Services, Inc. to Report Q3, 2023 Results on Oct 26, 2023 West Pharmaceutical Services, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 26, 2023 Aankondiging • Jul 29
West Pharmaceutical Services, Inc. Revises Earnings Guidance for the Full-Year 2023 West Pharmaceutical Services, Inc. revised earnings guidance for the full-year 2023. The company is updating full-year 2023 net sales guidance to be a new range of $2.970 billion to $2.995 billion, compared to a prior range of $2.965 billion to $2.990 billion. Organic net sales growth guidance is unchanged and is expected to be approximately 3% to 4%. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$2.09 (vs US$2.53 in 2Q 2022) Second quarter 2023 results: EPS: US$2.09 (down from US$2.53 in 2Q 2022). Revenue: US$753.8m (down 2.3% from 2Q 2022). Net income: US$155.1m (down 18% from 2Q 2022). Profit margin: 21% (down from 24% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Life Sciences industry. Upcoming Dividend • Jul 18
Upcoming dividend of US$0.19 per share at 0.2% yield Eligible shareholders must have bought the stock before 25 July 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 10.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Mexican dividend payers (6.5%). Lower than average of industry peers (0.5%). Aankondiging • Jul 14
West Pharmaceutical Services, Inc. to Report Q2, 2023 Results on Jul 27, 2023 West Pharmaceutical Services, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 27, 2023 Upcoming Dividend • Apr 18
Upcoming dividend of US$0.19 per share at 0.2% yield Eligible shareholders must have bought the stock before 25 April 2023. Payment date: 03 May 2023. Payout ratio is a comfortable 9.3% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Mexican dividend payers (6.3%). Lower than average of industry peers (0.5%). Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Mex$6,610, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 34x in the Life Sciences industry globally. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Mex$5,596, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 33x in the Life Sciences industry globally. Total loss to shareholders of 30% over the past year. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: US$7.88 (vs US$8.90 in FY 2021) Full year 2022 results: EPS: US$7.88 (down from US$8.90 in FY 2021). Revenue: US$2.89b (up 2.0% from FY 2021). Net income: US$585.9m (down 12% from FY 2021). Profit margin: 20% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Global Life Sciences industry. Aankondiging • Feb 03
West Pharmaceutical Services, Inc. to Report Q4, 2022 Results on Feb 16, 2023 West Pharmaceutical Services, Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 16, 2023 Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Mex$6,760, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 34x in the Life Sciences industry globally. Total loss to shareholders of 21% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,865 per share. Recent Insider Transactions • Aug 04
Key Executive recently sold Mex$99m worth of stock On the 2nd of August, Bernard Birkett sold around 14k shares on-market at roughly Mex$6,991 per share. This was the largest sale by an insider in the last 3 months. This was Bernard's only on-market trade for the last 12 months. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$2.53 (vs US$2.53 in 2Q 2021) Second quarter 2022 results: EPS: US$2.53 (up from US$2.53 in 2Q 2021). Revenue: US$771.3m (up 6.6% from 2Q 2021). Net income: US$188.5m (flat on 2Q 2021). Profit margin: 24% (down from 26% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.7%, compared to a 12% growth forecast for the industry in Mexico. Upcoming Dividend • Jul 12
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 19 July 2022. Payment date: 03 August 2022. Payout ratio is a comfortable 7.6% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Mexican dividend payers (6.1%). Lower than average of industry peers (0.4%). Reported Earnings • Feb 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$8.90 (up from US$4.69 in FY 2020). Revenue: US$2.83b (up 32% from FY 2020). Net income: US$661.8m (up 91% from FY 2020). Profit margin: 23% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.7%, compared to a 17% growth forecast for the pharmaceuticals industry in Mexico. Upcoming Dividend • Jan 11
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 18 January 2022. Payment date: 02 February 2022. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Mexican dividend payers (4.9%). In line with average of industry peers (0.3%). Board Change • Aug 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Rob Friel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.