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Net sales for 1H 2016 were $4,035 million, with income from operations of $514 million.
July 25, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2016. Net sales in the second quarter were $2,142 million compared to $2,278 million in the second quarter of 2015, primarily due to $60 million of unfavorable currency translation in 2016 compared to 2015 and the pass through of lower material costs. Income from operations was $295 million in the second quarter of 2016. Segment income was $288 million in the quarter compared to $272 million in the...
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