April 17: Profits for world-leading canmaker Crown in the first quarter exceeded analysts’ expectations by 20 percent.
With global sales up 8.8 percent to US$1.86 billion primarily due to the pass through of higher raw materials costs and currency translations, profit before tax grew by 19.1 percent to $256 million.
Almost three-quarters of sales were generated outside the US with two new beverage can plants in south east Asia contributing for the first time.

To continue reading,
please login or subscribe to The Canmaker

Previous articleGlobal soft drink sales worth $776bn
Next articleCorus to cut tinplate capacity by a fifth