Industry News, Printers News

Crown Holdings, Inc. Reports 1Q 2016 Results

Net sales in the first quarter were $1,893 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the first quarter ended March 31, 2016. Net sales in the first quarter were $1,893 million compared to $1,997 million in the first quarter of 2015, and included $85 million of unfavorable currency translation impact in 2016 compared to 2015.   First quarter highlights included earnings per share of $0.57 versus $0.32 in 2015, and adjusted earnings per share $0.69 versus $0.53 in 2015. Constant currency adjusted earnings per share was up ...

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