Industry News, Printers News

Crown Holdings Reports 1Q 2024 Results

Net sales in the first quarter were $2,784 million compared to $2,974 million in the first quarter of 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the first quarter ended March 31, 2024. Net sales in the first quarter were $2,784 million compared to $2,974 million in the first quarter of 2023 reflecting higher beverage can shipments in Americas and European Beverage and favorable foreign currency of $10 million, offset by the pass through of $130 million in lower material costs and lower volumes in most other businesses. Income from operations was $245 million in the first quar...

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