Industry News, Printers News

Ball Reports Second Quarter 2023 Results

Positioned to generate approximately $750 million of free cash flow, grow EVA, reduce leverage and return value to shareholders in 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation reported, on a U.S. GAAP basis, second quarter 2023 net earnings attributable to the corporation of $173 million (including a net after-tax loss of $21 million, or 6 cents per diluted share for business consolidation and other non-comparable items) or diluted earnings per share of 55 cents, on sales of $3.57 billion, compared to a net loss attributable to the corporation of $174 million (including a net after-tax loss of $437 million, or $1.37 per diluted share for business cons...

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