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 Morgan Stanley Healthcare Conference Transcript

Sep 09, 2019 / 01:20PM GMT
Release Date Price: €131.56 (-2.56%)
Marissa Elizabeth Bych
Morgan Stanley, Research Division - Research Associate

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medical technology with David Lewis. I'm med tech analyst here at Morgan Stanley. And I'm here this morning with West Pharmaceutical Services. We have Eric Green, CEO; and also Bernard Birkett, the CFO with us. And I'm very excited to have you both, especially you coming off of a very strong first half of the year. We'll talk some more about the financials later, but understand you delivered nearly 10% organic growth over the first half. Just rose at second quarter for the full year by about $10 million.

Questions & Answers

Marissa Elizabeth Bych;Eric M
Morgan Stanley, Research Division - Research Associate

Let's start off maybe at a higher level talking about the business for those who may be less familiar. Just tell us a little bit about what is West Pharmaceutical Services. Talk about the higher barriers to entry in your space. Talk about your customer mix through geographic exposure and some of those higher level items.

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