Crown results exceed expectations

April 19: World-leading canmaker Crown Holdings exceeded analysts’ expectations with strong sales and profits growth in the first quarter.
With net sales up by 12.4 percent to $1.71 billion and net profit up 14.5 percent to $213m compared with the same period in 2006, chief executive John Conway said the improvement was due to stronger sales unit volumes, the pass-through of higher raw material costs, and foreign currency translation.

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