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Silgan Holding’s net income plummeted year-on-year in Q2 by $40.6m (€33.5m) and warned planned custo
date:Jul 27, 2012
ner business, partially offset by an increase from the plastic container and closures businesses.

Silgans net sales for Q2 2012 were down $0.6m to $821.6m from lower sales in the metal container and closures business which was partially offset by better sales in the plastic container business.

Disappointing quarter

Tony Allott, Silgan president and CEO described the quarter as a bit more challenging than expected.

While we do expect some volume shift between quarters, we were disappointe

12/21 20:43