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...”
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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