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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
e Q2 2012 primarily due to unfavourable foreign currency translation and a less favourable mix of products sold.

This was partially offset by higher average selling prices as a result of the pass through of higher raw material costs.

Unit volumes increased slightly overall but declined due to a slow start to the vegetable pack and softness in the European markets, particularly in general line cans.

Income from operations of the metal container business decreased $2.8 million to $40.1m and

12/22 01:35