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Global food can businesses recorded strong shipments in both Europe and North America, with North America seeing double-digit gains.
July 29, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2020. Net sales in the second quarter were $2,689 million compared to $3,035 million in the second quarter of 2019, primarily reflecting the impact of the coronavirus pandemic on sales unit volumes, the pass-through of lower material costs and $73 million of unfavorable currency translation. Income from operations was $275 million in the quarter compared to $383 million in the second quarter of...
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