Industry News, Printers News

Ball Reports 3Q 2016 Results

During 3Q 2016, Ball realigned its operating segments as a result of the Rexam transaction.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation reported, on a U.S. GAAP basis, break-even net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 (including the net effect of after-tax charges of $171 million, or 96 cents per diluted share for business consolidation, debt refinancing and other non-comparable costs) on sales of $2.8 billion, compared to $45 million of net earnings attributable to the corporation, or 32 cents per diluted share (including the net effect of after-ta...

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