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Silgan Holdings Inc. (SLGN) is a global manufacturer of sustainable packaging solutions for consumer goods brands, specializing in metal food containers, plastic dispensers, and closure systems. This page provides investors and industry professionals with comprehensive access to official company announcements and market-relevant developments.
Find curated updates on earnings reports, sustainability initiatives, manufacturing expansions, and strategic partnerships. Our collection includes press releases detailing product innovations, operational efficiencies, and leadership updates directly from Silgan Holdings.
Key focus areas include advancements in eco-friendly packaging technologies, acquisitions within the industrial manufacturing sector, and financial performance metrics. All content is sourced to ensure alignment with investor communication best practices and regulatory standards.
Bookmark this page for streamlined access to Silgan Holdings' latest corporate developments. Check regularly for updates on how the company maintains its leadership position through sustainable manufacturing and customer-driven packaging solutions.
Silgan Holdings Inc. (NYSE: SLGN) has completed its acquisition of Weener Plastics Holdings B.V., a leading producer of dispensing solutions for personal care, food, and healthcare products. Weener operates 19 facilities globally, primarily in Europe and the Americas, with around 4,000 employees. Silgan funded the acquisition through term and revolving loan borrowings, including a €700 million incremental term loan.
The company expects to achieve operational cost synergies of approximately €20 million within 18 months. The transaction is anticipated to be slightly accretive to adjusted earnings per share in 2024, with about 10% accretion once fully integrated and synergies realized. Silgan, with annual net sales of approximately $6.0 billion in 2023, operates 124 manufacturing facilities worldwide and is a leading supplier of sustainable rigid packaging solutions for consumer goods products.
Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions, will release its third quarter 2024 earnings results on Wednesday, October 30, 2024, before U.S. markets open. The company will hold a conference call at 11:00 a.m. eastern time to discuss the results. Callers can access the call toll-free at (866) 416-5346 in the U.S. and Canada, or (773) 305-6865 internationally, using confirmation code 6661013.
The call will also be webcast live at www.silganholdings.com and available for 90 days after. Silgan, with annual net sales of approximately $6.0 billion in 2023, operates 105 manufacturing facilities across the Americas, Europe, and Asia. The company is a leading supplier of dispensing and specialty closures, metal containers, and custom containers for various consumer goods industries.
Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions, has declared a quarterly cash dividend of $0.19 per share. The dividend is payable on September 17, 2024 to shareholders of record as of September 3, 2024. This marks the 82nd consecutive quarterly dividend since 2004, with the company increasing its dividend every year.
Silgan reported annual net sales of approximately $6.0 billion in 2023. The company operates 105 manufacturing facilities across North and South America, Europe, and Asia. Silgan is a leading supplier of dispensing and specialty closures, metal containers, and custom containers for various consumer goods industries.
Silgan Holdings Inc. (NYSE: SLGN) reported Q2 2024 results with net sales of $1.38 billion and net income of $76.1 million, or $0.71 per diluted share. Adjusted net income per diluted share was $0.88. Key highlights include:
- Volume growth in all segments as customer destocking concludes
- Dispensing and Specialty Closures segment saw >20% year-over-year Adjusted EBIT growth
- Double-digit volume growth in dispensing products
- Announced agreement to acquire Weener Packaging
The company confirmed its 2024 outlook with adjusted net income per diluted share estimated at $3.55 to $3.75, a 7% increase at midpoint over 2023. Free cash flow is expected to be approximately $375 million in 2024.
Silgan Holdings Inc. (NYSE: SLGN) has announced an agreement to acquire Weener Plastics Holdings B.V. for an enterprise value of €838 million. Weener is a leading producer of dispensing solutions for personal care, food, and healthcare products, operating 19 facilities globally with 4,000 employees. The acquisition aims to expand Silgan's global Dispensing and Specialty Closures franchise.
Key points:
- Weener generated sales of €450 million and adjusted EBITDA of €96 million in the 12 months ended May 31, 2024
- Silgan expects to realize €20 million in operational cost synergies within 18 months post-closing
- The acquisition is expected to be accretive to adjusted earnings per share in 2025
- Closing is anticipated in Q4 2024, subject to regulatory approvals
- Silgan plans to fund the purchase with cash on hand and borrowings under its senior secured credit facility
Silgan Holdings (NYSE: SLGN), a top provider of sustainable rigid packaging solutions, will announce its second quarter 2024 earnings results on July 31, 2024, before U.S. markets open. The earnings call will be held at 11:00 a.m. ET the same day. Participants in the U.S. and Canada can dial (866) 409-1555, while international callers should use (323) 701-0225, with the confirmation code 5158217. The call will also be webcast live at www.silganholdings.com and archived for 90 days. Silgan, with $6.0 billion in net sales in 2023, operates 106 manufacturing facilities globally and is a leading supplier of dispensing and specialty closures, metal containers, and custom containers for various consumer goods.
Silgan Holdings Inc. declared a quarterly cash dividend of $0.19 per share, payable on June 17, 2024, to shareholders of record on June 3, 2024. The company has been consistently increasing its dividend for eighty-one quarters since 2004. Silgan is a leading supplier of sustainable rigid packaging solutions with annual net sales of around $6.0 billion in 2023.
Silgan Holdings Inc. announced its first quarter 2024 results, with adjusted EPS meeting high-end estimates, expecting demand improvement in Q2 2024. The company reported net sales of $1.32 billion and net income of $55.2 million, with adjusted net income per diluted share of $0.69. Progress on a $50 million cost reduction program was highlighted, along with full year estimates confirmation. Despite a decrease in net sales compared to Q1 2023, the company remains optimistic about future growth.
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