Silgan Holdings (SLGN) Tops Q2 EPS by 2c, Offers Q3 Guidance and Maintains FY Estimate

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Silgan Announces Second Quarter Earnings; Confirms Full Year Earnings Guidance and Raises Estimate of Expected Cash Generation

July 28, 2021 7:15 AM EDT

Highlights

Record net income of $0.85 per diluted share Achieved record Segment Income for Dispensing and Specialty Closures and Custom Containers Volume increase of 10 percent over prior year record volume in the Dispensing and Specialty Closures segment Maintains estimated full year 2021 adjusted earnings per diluted share growth of 10.3 percent at midpoint of range over record 2020 levels Free cash flow guidance increased to $400 million, exceeding initial expectations following the acquisition of Albéa's dispensing operations

STAMFORD, Conn.--(BUSINESS WIRE)--

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