Silgan Holdings (SLGN) Tops Q2 EPS by 20c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

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Silgan Announces Strongest Quarterly Performance in Company History; Further Raises Full Year Outlook for Earnings and Cash Generation

July 22, 2020 7:15 AM EDT

Highlights

Record net income of $0.70 per diluted share Record adjusted net income of $0.85 per diluted share Record income before interest and taxes of $131.2 million Record segment income for each of the businesses Second sequential quarter of record volumes in the metal container business Record volumes for any quarter in the plastic container business Successfully kept all plants operational during global pandemic Completed acquisition of the dispensing operations of Albéa Group

STAMFORD, Conn.--(BUSINESS WIRE)-- Silgan Holdings Inc. (Nasdaq:... More