West Pharmaceutical Services, Inc.

WST
Sector

Healthcare

Industry

Medical Instruments & Supplies

Market Cap

$24.30B

Employees

10.6K

Company Overview

West Pharmaceutical Services is a leading global manufacturer specializing in the design and production of advanced containment and delivery systems for injectable drugs and healthcare products. The company's primary revenue streams come from proprietary packaging, containment solutions, drug delivery systems, and contract manufacturing. West operates across North and South America, Europe, and Asia, serving a broad range of customers including biologic, generic, pharmaceutical, diagnostic, and medical device companies.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

The 10K filing states that consolidated net sales decreased by $56.6 million, or 1.9%, in 2024, including an unfavorable foreign currency translation impact of $7.0 million. This indicates a slight contraction in overall revenue generation.

The 10K filing indicates that Proprietary Products net sales decreased by $62.8 million, or 2.6%, in 2024, including an unfavorable foreign currency translation impact of $6.9 million. This suggests challenges in the company's core product line.

The 10K filing reports that consolidated gross profit margin decreased by 3.8 margin points in 2024, reaching 34.5%. This indicates increased cost of goods sold relative to sales.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights