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Net sales in the second quarter were $3,109 million compared to $3,510 million in the second quarter of 2022.
July 26, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2023. Net sales in the second quarter were $3,109 million compared to $3,510 million in the second quarter of 2022, reflecting higher beverage can volumes in Americas Beverage and favorable foreign currency translation of $11 million, offset by the pass through of $288 million in lower material costs and lower volumes across most other businesses. Income from operations was $367 million in the second...
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