Industry News, Printers News

Crown Holdings, Inc. Reports 3Q 2018 Results

Net sales for first nine months of 2018 increased to $8,417 million compared to $6,530 million last year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the third quarter ended Sept. 30, 2018.   Net sales in the third quarter were $3,174 million compared to $2,468 million in the third quarter of 2017 reflecting the impact of the Signode acquisition, an increase in beverage can volumes and the pass-through of higher material costs to customers.   Income from operations was $365 million in the quarter compared to $328 million in the third quarter of 2017. Segment income increased to $415 mil...

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