Crown Holdings says it will invest more than half-a-billion dollars in capacity expansions and plant upgrades in Brazil, Greece and Spain this year as it reported a “solid performance” in 2025.
For the 2025 financial year to the end of December, sales were USD12.37 billion, up 4.8% compared with the previous year, supported by higher shipments in Crown’s European beverage and North America tinplate businesses.
While operating profit for the year increased 8% to USD1.55bn, net profit jumped to USD738 million, up 74% compared with a year earlier.
Higher beverage can shipments in Europe contributed to a 7.7% increase in fourth quarter sales to USD3.13bn. Operating profit, however, dropped 47.6% to USD273m.
“The company continued its strong momentum during the fourth quarter to complete an excellent year,” said chief executive Tim Donahue. “Solid performance throughout the global beverage can and the North American tinplate businesses in 2025 drove segment income expansion of over 8%, building on the strong growth of 6% and 7% delivered in 2024 and 2023 respectively.
Crown’s finance chief Kevin Clothier added: “We expect another strong year in 2026 with adjusted earnings per share between $7.90 and $8.30 and adjusted free cash flow of approximately USD900 million. Capital spending to support our growth objectives is currently estimated at USD550 million and includes capacity expansions and facility upgrades in Brazil, Greece and Spain.”
