AptarGroup CEO: Consumer is still there, but our numbers reflect inventory adjustments post-COVID
Stephan Tanda, AptarGroup president and CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, howย ...
President of Aptar Pharma, Aptargroup
Search every verified Gael Touya interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. Gael Touya, President of Aptar Pharma at Aptargroup, has been discussing the company's performance and market conditions in recent interviews. Touya stated that the company's numbers reflect inventory adjustments following the COVID-19 pandemic, noting that while consumer demand remains, growth rates in fragrance and other segments have slowed from pandemic-era highs. He described tariffs as "neutral" for AptarGroup, citing the company's philosophy of serving regions from within the region)Skip. Touya also noted that the Chinese market has not seen the vigorous rebound some expected, but that Chinese brands are supplying the market and Asia remains a positive region for the company. Touya highlighted strong demand in the pharmaceutical sector, particularly for nasal sprays, inhalers, and sinus rinses, and said the company has invested over $180 million in capacity for biologic drugs including GLP-1 drugs. He identified weakness in the U.S. food and personal care home care segments, attributing it to changing consumer patterns and retailers working down COVID inventories. Touya noted that labor force issues have abated)Skip, and that the company's business is 75% outside the U.S., with travel retail driving growth in beauty and high-end fragrances. He described China as an important market and said the company is not in geopolitically sensitive areas.
“I would say for us it's really neutral, but we are very much having a philosophy of serving the region from within the region, and of course, what higher tariffs do, is they further region by supply chains and create friction to chip across, which for some low-cost competitors would create a bigger issue. On the other...”
“Part of this is really a supply chain effect coming out of COVID, our customers launched like crazy growth rates of 20% and more in fragrance. Now the sale through rate for the retail was not at those levels, more like 5%, 6%. Part of what you see in our numbers is an adjustment. Consumers is still there, and when you...”
“Chinese brands are bringing in the market in China and supplying those as well. Asia is not too bad for us.”
“I know it sounds like a very broad portfolio, but I invite you to visit any of our factories. They all do the same thing: they're a high-speed assembly, can lug the assembly that Elon uses with his batteries. We have been doing this for decades so the technology we can leverage across and all customers together in inno...”
“They can have this pharma device over here and in beauty, what we came up with here, and in food, in the dermal cosmetic space we create a consumer experience and create drug delivery. Our capital is relatively reasonable.”
“We ourselves invest more than 180 million in our own capacity for biologic drugs including G.O.P. drugs.”
“Overall demand for our products is very strong. The pharma business, whether it's nasal sprays for allergies or inhalers or sinus rinses, anything the consumer has learned during the pandemic about keeping the sinus packages clear has really changed the consumer behavior.”
“The one area where we see weakness is in the U.S. food space and personal care home care. Personally that's because patterns have changed out of the pandemic and part of it is our customers and retailers still working down their tremendous COVID inventories.”
“Thankfully, I don't say it as often, our business is 75% outside of the U.S. And travel retail really, especially between the U.S. and Europe, has boomed and driving our beauty business, high-end fragrances, makeup, skin care.”
“China is an important market for us, for some of our segments like beauty, it's actually the largest beauty market in the world. We have just started up one of our flagship investments in Suzhou, China and we continue to see China as an open market and thankfully we are not in any geopolitically sensitive areas.”
“We are seen as benefiting the Chinese patients and consumers. So far makeup is not on the list yet of highly sensitive industries.”
“The issues we talked about last night have abated. We saw more people joining the labor force. And those plans, particularly in the Midwest, are exactly the ones producing the things that are weaker, personal care, home care. This is no longer an issue.”
Stephan Tanda, AptarGroup president and CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, howย ...
AptarGroup CEO Stephan Tanda joins 'The Exchange' to discuss business trends in pharmaceutical retail products, areas ofย ...
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