tiprankstipranks
Company Announcements

West Pharmaceutical Services Sees Q4 Sales Growth in 2024

Story Highlights
West Pharmaceutical Services Sees Q4 Sales Growth in 2024

Discover the Best Stocks and Maximize Your Portfolio:

West Pharmaceutical Services ( (WST) ) just unveiled an update.

West Pharmaceutical Services announced its financial results for the fourth quarter and full year 2024, revealing a 2.3% increase in net sales in the fourth quarter, driven by a strong demand in their Proprietary Products segment, particularly self-injection devices. Despite a decline in full-year 2024 net sales by 1.9%, the company remains optimistic for 2025 with projected net sales growth and continued momentum in key areas, although it faces potential headwinds due to foreign currency exchange rates.

More about West Pharmaceutical Services

West Pharmaceutical Services operates in the healthcare industry, specializing in the production of innovative solutions for injectable drug administration, including self-injection device platforms and high-value products for biologics and generics markets.

YTD Price Performance: -1.55%

Average Trading Volume: 487,790

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $23.34B

Find detailed analytics on WST stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1