Industry News, Printers News

Crown Holdings, Inc. Reports 2Q 2017 Results

Reports gains in beverage can volumes in Europe, Latin America and Southeast Asia.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2017. Net sales in the second quarter were $2,161 million compared to $2,142 million in the second quarter of 2016, reflecting increased global beverage can volumes and the pass through of higher raw material costs, partially offset by $48 million of unfavorable currency translation.   Income from operations was $271 million in the second quarter of 2017. Segment income increased to $297 million in the q...

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