Industry News, Printers News

Crown Holdings, Inc. Reports 4Q, Full Year 2023 Results

Net sales for 2023 were $12,010 million compared to $12,943 million in 2022.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the fourth quarter and full year ended Dec. 31, 2023. Net sales in the fourth quarter were $2,858 million compared to $3,012 million in the fourth quarter of 2022 reflecting higher beverage can volumes in Americas Beverage and favorable foreign currency translation of $42 million, offset by the pass through of $145 million in lower material costs and lower volumes across most other businesses. Income from operations was $259 million ...

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