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Net sales in the third quarter were $2,326 million, with income from operations up 14% year to date.
October 21, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced its financial results for the third quarter ended Sept. 30, 2016. Net sales in the third quarter were $2,326 million compared to $2,460 million in the third quarter of 2015, reflecting $55 million of unfavorable currency translation in 2016 compared to 2015 and the pass through of lower raw material costs. Income from operations improved to $315 million in the quarter compared to $281 million in the third quarter of 2015. Segment income improved to $333 mil...
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