Industry News, Printers News

Ball Reports 1Q 2016 Results

Proposed offer for Rexam PLC anticipated to close in late June.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation reported a first quarter 2016 net loss attributable to the corporation of $127 million, or a loss of 90 cents per diluted share (including after tax charges of $213 million, or $1.50 per diluted share for business consolidation, debt refinancing and other costs) on sales of $1.8 billion, compared to $21 million of net earnings attributable to the corporation, or 15 cents per diluted share (including after tax charges of $76 million, or 54 cents per diluted share for business con...

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