Industry News, Printers News

Crown Holdings Reports 2014 4Q, Full Year Results

For the full year, net sales grew to $9,097 million compared to $8,656 million in 2013

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the fourth quarter ended Dec. 31, 2014.   For the full year, net sales grew to $9,097 million compared to $8,656 million in 2013, primarily due to the impact of the Mivisa acquisition and increased global beverage can volumes, partially offset by $52 million of unfavorable currency translation.   Gross profit for 2014 rose to $1,382 million versus $1,342 million in 2013, primarily reflecting the impact of the Mivisa acquisition.   Se...

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