February 15, 2018 / 11:19 AM / in 6 months

BRIEF-West Pharmaceutical Reports Q4 Adjusted Earnings Per Share $0.64

Feb 15 (Reuters) - West Pharmaceutical Services Inc:

* WEST ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS AND ANNOUNCES QUARTERLY DIVIDEND

* BOARD HAS APPROVED A RESTRUCTURING PROGRAM

* WEST PHARMACEUTICAL SERVICES - RESTRUCTURING PLAN WILL REQUIRE RESTRUCTURING EXPENSE OF $8.0 MILLION TO $13.0 MILLION

* ‍COMPANY ESTIMATES ITS 2018 CAPITAL SPENDING WILL BE APPROXIMATELY $150 MILLION​

* FOR FULL-YEAR 2017, INCOME TAX EXPENSE WAS $80.9 MILLION, WHICH REPRESENTED AN EFFECTIVE TAX RATE OF 36.4%

* Q4 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $416.6 MILLION — THOMSON REUTERS I/B/E/S

* FY2018 EARNINGS PER SHARE VIEW $2.90, REVENUE VIEW $1.73 BILLION — THOMSON REUTERS I/B/E/S

* WEST PHARMACEUTICAL SERVICES - EXPECT RESTRUCTURING WILL PROVIDE CO WITH ANNUALIZED SAVINGS OF $17.0 MILLION TO $22.0 MILLION Source text for Eikon: Further company coverage:

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