Industry News, Printers News

Ball Reports Strong 2Q 2016 Results

Records 2Q 2016 net earnings of $369 million on sales of $2.0 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation reported second quarter 2016 net earnings attributable to the corporation of $369 million, or $2.54 per diluted share (including the net effect of after-tax income of $217 million, or $1.49 per diluted share for business consolidation, debt refinancing and other costs and the estimated gain on the sale of divested assets) on sales of $2.0 billion, compared to $160 million of net earnings attributable to the corporation, or $1.13 per diluted share (including after-tax income of $...

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