Silgan Holdings Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 26, 2023 at 11:55 am
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Silgan Holdings Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1,426.7 million compared to USD 1,543.8 million a year ago. Net income was USD 78.9 million compared to USD 92.7 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 0.71 compared to USD 0.83 a year ago.
For the six months, sales was USD 2,845 million compared to USD 2,985.7 million a year ago. Net income was USD 150.9 million compared to USD 177.6 million a year ago. Basic earnings per share from continuing operations was USD 1.37 compared to USD 1.6 a year ago. Diluted earnings per share from continuing operations was USD 1.36 compared to USD 1.59 a year ago.
Silgan Holdings Inc. is a manufacturer of sustainable rigid packaging solutions for essential consumer goods products. The Companyâs segments include dispensing and specialty closures, metal containers and custom containers. The dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. The metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for pet and human food and general line products. The custom containers segment manufactures and sells custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products. Its products are used for a variety of end markets, and it operates over 107 manufacturing plants in North America, Europe, Asia and South America.
SILGAN HOLDINGS INC. 
