Industry News, Printers News

Crown Holdings Reports 3Q 2014 Results

Net sales in the third quarter grew to $2,594 million

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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, 2014. Net sales in the third quarter grew to $2,594 million over the $2,389 million in the third quarter of 2013 primarily due to the impact of the Mivisa acquisition.   Segment income (a non-GAAP measure) rose to $328 million in the third quarter over the $281 million in the third quarter of 2013 primarily due to improvements in North America Food and Asia Pacific, along with contributions from the Mivi...

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