Fluctuating interest rates, foreign currency exchange rates, and increasing commodity prices pose market risks. Competition from other providers, changing customer inventory needs, supply chain disruptions (weather, disasters, etc.), and the success of customer products incorporating West's products are also significant risks. Availability of skilled labor, successful implementation of price increases, and regulatory approvals are further concerns. Geopolitical factors, particularly the Israeli conflict, impact operations and supply chains.
Financial Upside
Increased sales of self-injection devices and certain products offset declines in other areas. Production efficiencies and increased sales prices are positive factors for Contract-Manufactured Products. A new term loan provides additional liquidity, though repayment obligations exist. Favorable legal settlements and revised severance estimates offer some financial relief.
