Record cash flow for Silgan

February 4: Silgan, North America’s leading food canmaking company and a global supplier of metal closures, posted record cash flows for 2009 despite year-end sales being 1.8 percent down on the previous 12 months at $3.07 billion.

Profits after tax were 27.5 percent up at $159.4 million.

Connecticut-based Silgan generated $323 million of net cash from operating activities and record free cash flow of $264.1 million.

To continue reading,
please login or subscribe to The Canmaker

Recent Articles