Industry News, Printers News

Crown Holdings Reports 3Q 2020 Results

3Q 2020 beverage can volumes up 8%, food can volumes up 9% over prior year.

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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, 2020. Net sales in the third quarter were $3,167 million compared to $3,084 million in the third quarter of 2019, primarily reflecting increased beverage can and food can volumes partially offset by the pass through of lower material costs. Income from operations was $406 million in the quarter compared to $352 million in the third quarter of 2019. “The company performed very well during the quarter, wi...

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