Industry News, Printers News

Crown Holdings, Inc. Reports Strong 1Q 2021 Results

Income from operations was $384 million in the first quarter compared to $246 million in 1Q 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Led by its earnings per share of $1.57 versus $0.65 in 2020, Crown Holdings, Inc. announced its financial results for the first quarter ended March 31, 2021. Net sales in the first quarter were $3,078 million compared to $2,757 million in the first quarter of 2020. Global beverage can volumes grew 8%, with the company reporting solid food can demand. Income from operations was $384 million in the first quarter compared to $246 million in the first quarter of 2020. Segment income was $433 milli...

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