Welcome to our dedicated page for Crown Holdings news (Ticker: CCK), a resource for investors and traders seeking the latest updates and insights on Crown Holdings stock.
Crown Holdings, Inc. (CCK) is a global leader in metal packaging solutions, serving consumer goods and industrial markets worldwide. This page provides investors and stakeholders with direct access to official company announcements, financial updates, and strategic developments.
Track all critical updates through our curated collection of press releases, earnings reports, and corporate announcements. Stay informed about CCK's innovations in sustainable packaging, manufacturing expansions, and market leadership in beverage cans, food containers, and protective transit solutions.
Key content includes quarterly financial results, acquisition updates, sustainability initiatives, and operational milestones. Our repository ensures you never miss developments related to CCK's global operations across 40+ countries or its progress toward environmental stewardship targets.
Bookmark this page for streamlined access to verified information directly from Crown Holdings. Check back regularly for real-time updates on one of the packaging industry's most influential manufacturers.
Crown Holdings reported strong Q1 2025 results, with diluted earnings per share rising to $1.65 from $0.56 in 2024. The company's adjusted diluted earnings increased 64% to $1.67, while segment income improved 29% to $398 million.
Key highlights include:
- Net sales reached $2,887 million, up from $2,784 million in Q1 2024
- Beverage can segment income climbed 24% due to strong volumes in Brazil and Europe
- Returned $233 million to shareholders, including $203 million in share repurchases
- North American beverage can volumes grew in low-single digits
The company raised its 2025 outlook, projecting:
- Q2 adjusted earnings of $1.80 to $1.90 per share
- Full-year adjusted earnings guidance of $6.70 to $7.10 per share
- Expected adjusted free cash flow of $800 million
- Capital spending of approximately $450 million
Management remains optimistic about beverage can demand, noting their position as the most sustainable beverage packaging option with 80% share in new product introductions.
Crown Holdings (NYSE: CCK), a global leader in consumer and industrial packaging products, has scheduled its first quarter 2025 earnings release for Monday, April 28, 2025, after NYSE trading hours. The company will host a conference call to discuss the results on Tuesday, April 29, 2025, at 9:00 a.m. EDT.
Investors can join the call using dial-in numbers (630) 395-0194 or toll-free (888) 324-8108 with the access password 'packaging'. A replay will be available until May 6, 2025, via (203) 369-3270 or toll-free (800) 395-6236. Additionally, a live webcast will be accessible through the company's website at www.crowncork.com.
Crown Holdings (NYSE: CCK) has partnered with botanical soda brand Moment to enhance the sustainability of their beverage packaging. The collaboration involves transitioning from shrink-wrapped aluminum cans to directly printed cans for six of Moment's popular products, improving package circularity and environmental impact.
Moment, a female and minority-owned company that appeared on Shark Tank, has experienced 400% growth and offers non-alcoholic, low-calorie beverages with no added sugar. Their products, including flavors like Sparkling Blackberry Lavender and Still Blueberry Ginger, contain South Asian-inspired ingredients such as ashwagandha and L-theanine for stress relief and mental clarity.
The new packaging will utilize 12-oz CrownSleek cans and will be available nationwide by early 2025, with initial rollout in the Midwest and Northeast, followed by West Coast distribution.
Crown Holdings (NYSE: CCK) has announced a quarterly cash dividend declaration. The Board of Directors has approved a dividend payment of $0.26 per share, which will be distributed on April 1, 2025. Shareholders who are recorded in the company's books as of March 18, 2025 will be eligible to receive this dividend payment.
Crown Holdings (NYSE: CCK) reported strong Q4 and full-year 2024 results. Q4 highlights include diluted EPS of $3.02 and adjusted diluted EPS up 28% to $1.59. Full-year performance showed diluted EPS of $3.55 and adjusted diluted EPS increasing 9% to $6.41.
The company achieved record adjusted free cash flow of $814 million and reduced net debt by $878 million, reaching an adjusted net leverage ratio of 2.7x. Global beverage can volumes grew 4% in Q4, with Europe and North America showing strong growth of 8% and 7% respectively. Q4 net sales were $2,903 million, while full-year net sales reached $11,801 million.
Looking ahead to 2025, Crown expects adjusted diluted EPS between $6.60-$7.00 and adjusted free cash flow of approximately $800 million, with planned capital spending of $450 million. Q1 2025 adjusted diluted EPS is projected at $1.20-$1.30.
Crown Holdings (NYSE:CCK) has announced its upcoming fourth quarter 2024 earnings release and conference call schedule. The company will release its Q4 2024 earnings after NYSE trading hours on Wednesday, February 5, 2025. A conference call to discuss the results is scheduled for Thursday, February 6, 2025, at 9:00 a.m. EST.
Investors can access the conference call using the dial-in numbers (630) 395-0194 or toll-free (888) 324-8108 with the password 'packaging'. A replay will be available for one week until February 13, 2025, accessible at (203) 369-3997 or toll-free (800) 876-4955. Additionally, a live webcast will be available on the company's website at www.crowncork.com.
Crown Holdings, headquartered in Tampa, Florida, is a global leader in designing, manufacturing, and selling packaging products for consumer and industrial goods.
Crown Holdings (NYSE: CCK) announced the completion of its strategic divestiture of European Tinplate business, Eviosys, to Sonoco Products Company. The company will receive net cash proceeds of approximately $300 million for its remaining 20% equity stake in Eviosys.
According to CFO Kevin Clothier, the proceeds will support Crown's objective of achieving a net leverage ratio below 3.0x by year-end, while progressing toward their longer-term target of 2.5x.
Crown Holdings (NYSE: CCK) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend of $0.25 per share, which will be paid on November 27, 2024. Shareholders who are on record as of November 14, 2024, will be eligible to receive this dividend payment.
Crown Holdings, Inc. (NYSE: CCK) reported its Q3 2024 financial results. Net sales were $3,074 million, slightly up from $3,069 million in Q3 2023. Income from operations increased to $444 million from $374 million year-over-year. Segment income rose 10% to $472 million. Global beverage shipments improved by 5%, with strong performance in Brazil, Europe, Mexico, and the United States.
The company generated cash from operating activities of $897 million and adjusted free cash flow of $668 million for the first nine months of 2024. Crown Holdings repurchased $117 million of common stock and reduced net debt, ending Q3 with a net leverage ratio of 3.0 times adjusted EBITDA.
Crown Holdings updated its full-year adjusted diluted EPS guidance to $6.25-$6.35, up from the previous $6.00-$6.25 range. Q4 adjusted diluted EPS is expected to be $1.45-$1.55.
Crown Holdings has released its 2022 Sustainability Report, highlighting progress towards its Twentyby30™ program goals. Since 2019, the company has significantly expanded its beverage and food can manufacturing capacity, adding nearly 18 billion cans, 5 new plants, and 14 new production lines. Crown emphasizes its commitment to infinitely recyclable aluminum and steel packaging, aligning with growing consumer preference for sustainable options.
The company is working towards 100% renewable electricity by 2040, supporting its pledge to RE100 and The Climate Pledge to become Net Zero carbon by 2040. Crown acknowledges the challenges of balancing expansion with sustainability goals, highlighting the importance of employee efforts in finding efficiencies and implementing best practices. The report underscores Crown's dedication to fostering a culture of sustainability across its global operations.
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