What does food and beverage — restructuring charges mean?

Expenses related to reorganizing the Food and Beverage business segment.

How do you interpret food and beverage — restructuring charges?

High charges indicate significant operational transformation, which may lead to future efficiency gains.

How does food and beverage — restructuring charges compare across companies?

Commonly disclosed by industrial companies undergoing cost-reduction initiatives or footprint optimization.

AptarGroup ATR Food And Beverage — Restructuring Charges

Discontinued — last reported Q3 '20

Similar metrics at other companies

MIDDCommercial Foodservice Equipment Group — Restructuring Charges

$500K-87.5%

IFFFood Ingredients — Restructuring Charges

$2M-33.3%

DOVRefrigeration and Food Equipment Segment — Restructuring Charges

$1.29M+142%

IFFTaste — Restructuring Charges

$2M0.0%

IFFHealth & Biosciences — Restructuring Charges

$2M-33.3%

MIDDFood Processing Group — Restructuring Charges

$100K0.0%

Other financials

Income statement

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Revenue$982.9M+10.8%

Gross profit$351.9M+4.6%

Operating income$107.5M-5.2%

Net income$72.7M-7.8%

EPS (diluted)$1.12-4.3%

Balance sheet

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Cash & equivalents$225.0M+78.8%

Total debt$1.4B+32.7%

Total equity$2.6B+3.6%

Total assets$5.1B+12.6%

Cash flow

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Operating cash flow$118.7M+43.5%

CapEx$65.4M+15.0%

Free cash flow$53.3M+106%

Valuation

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Market cap$7.68B-17.9%

Enterprise value$8.89B-13.9%

P/E19.9×-5.4×

P/S2×-0.6×

Profitability

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Gross margin36.7%-1.6pp

Operating margin12.8%-1.2pp

Net margin10%-0.4pp

FCF margin8.4%-2.1pp

Returns & leverage

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Return on equity15%-0.2pp

Debt / equity0.5×+0.1×

Current ratio1.7×+0.4×

Where this comes from

Reported directly by AptarGroup in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: AptarGroup’s 10-Q, filed October 30, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does food and beverage — restructuring charges mean?: Expenses related to reorganizing the Food and Beverage business segment.
How do you interpret food and beverage — restructuring charges?: High charges indicate significant operational transformation, which may lead to future efficiency gains.
How does food and beverage — restructuring charges compare across companies?: Commonly disclosed by industrial companies undergoing cost-reduction initiatives or footprint optimization.