Industry News, Printers News

Ball Announces 3Q 2022 Results

Completed sale of Russian business operations; $530 million in cash proceeds used for debt reduction.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation reported, on a U.S. GAAP basis, third quarter 2022 net earnings attributable to the corporation of $392 million (including a net after-tax gain of $154 million, or 49 cents per diluted share for business consolidation and other non-comparable items, including the gain on disposal for the Russian beverage packaging operations) or diluted earnings per share of $1.24, on sales of $3.95 billion, compared to $179 million net earnings attributable to the corporation, or 54 cents per d...

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