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Net sales in the first quarter grew to $1,997 million
April 17, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced its financial results for the first quarter ended March 31, 2015. Net sales in the first quarter grew to $1,997 million over the $1,993 million in the first quarter of 2014, primarily due to the impact of the Mivisa and Empaque acquisitions offset by $172 million of unfavorable currency translation impact. Segment income was $192 million in the first quarter compared to $200 million in the first quarter of 2014, and included $16 million of unfavorable curre...
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