Silgan Holdings (SLGN) Tops Q4 EPS by 2c, Offers FY Guidance

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Silgan Announces 2018 Earnings, a 26 Percent Increase Over 2017, and Record Cash Generation

January 29, 2019 5:00 PM EST

Highlights

Net income of $2.01 per diluted share Record adjusted net income of $2.08 per diluted share, 26 percent above prior year Record cash from operations of $506.5 million, or $4.54 per diluted share Record free cash flow of $311.4 million, or $2.79 per diluted share, 39 percent above prior year Renewed long-term contract with largest customer through 2025 in support of its growth initiatives Exceeded inventory reduction target in U.S. metal food cans Continued strong growth and further accretion from dispensing systems operations... More