Industry News, Printers News

Crown Holdings, Inc. Reports 4Q 2017 Results

Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in 4Q 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the fourth quarter and year ended Dec. 31, 2017.   Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting increased global beverage and food can volumes, the pass through of higher raw material costs, and $83 million of favorable currency translation.   Income from operations was $222 million in the fourth quarter of 2017. Segment income improved to $245 million ...

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