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Net sales in the first quarter were $2,974 million compared to $3,162 million in the first quarter of 2022.
April 26, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced its financial results for the first quarter ended March 31, 2023. Net sales in the first quarter were $2,974 million compared to $3,162 million in the first quarter of 2022 reflecting higher beverage can volumes in Americas Beverage, offset by lower volumes across most other businesses, the pass through of approximately $100 million in lower steel and aluminum costs and unfavorable foreign currency translation of $36 million. Income from operations was $269 m...
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