Industry News, Printers News

Crown Holdings, Inc. Reports 4Q 2018 Results

Net sales for full year 2018 increased to $11.151 billion compared to $8.698 billion in 2017.

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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, 2018.   Net sales in the fourth quarter of 2018 were $2,734 million compared to $2,168 million in the fourth quarter of 2017, reflecting the impact of the Signode acquisition, increased beverage can volumes and the pass-through of higher material costs to customers partially offset by $53 million of unfavorable currency translation.   Earnings per share were $0.40 for the quarter versus a loss of ...

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