Industry News, Printers News

Crown Holdings, Inc. Reports 3Q 2019 Results

Net sales for the first nine months of 2019 increased to $8,874 million compared to $8,417 million in the first nine months of 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the third quarter ended Sept. 30, 2019. Net sales in the third quarter were $3,084 million compared to $3,174 million in the third quarter of 2018 reflecting $64 million of unfavorable currency translation. Earnings per share were $1.36 versus $1.23 in 2018. Beverage can capacity projects are on schedule. Income from operations was $352 million in the quarter compared to $365 million in the third quarter of 2018. Segment income was $395 ...

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