West Pharmaceutical Services Inc (STU:WPS)
€ 312 1.9 (0.61%) Market Cap: 22.88 Bil Enterprise Value: 22.71 Bil PE Ratio: 48.90 PB Ratio: 8.68 GF Score: 90/100

West Pharmaceutical Services Inc at Jefferies Healthcare Conference Transcript

Jun 04, 2019 / 07:00PM GMT
Release Date Price: €101.68 (+0.51%)
David Howard Windley
Jefferies LLC, Research Division - Equity Analyst

All right. Good afternoon, everybody. Thank you for being here. I'm Dave Windley with Jefferies health care equity research. I hope you got your coffee or your afternoon caffeine injection of some sort.

We are moving into our next presentation which is going to be a fireside chat with the management team of West Pharma Services. Ticker there is WST.

With me today is Eric Green, the company's CEO and President; and Bernard Birkett, the company's Chief Financial Officer.

So Eric, I'm going to start off just thinking about the overall kind of structure of the opportunity here. And I think you've been very consistent with a 6% to 8% growth rate type of target for quite a long time. We went through a couple of year period where performance was a little slower than that, and in some ways, unpredictable. First quarter really performed quite nicely. How would you characterize the demand environment, and maybe as important, your visibility into your clients' order patterns and, therefore, stability of that demand

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