Industry News, Printers News

Crown Holdings Reports 2Q 2015 Results

Net sales in the second quarter were $2,278 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2015.   Net sales in the second quarter were $2,278 million compared to $2,383 million in the second quarter of 2014, primarily due to $241 million of unfavorable currency translation partially offset by the impact of the Empaque acquisition.   Segment income was $272 million in the second quarter compared to $285 million in the second quarter of 2014, and included $30 million of unfavorable currency t...

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