Welcome to our dedicated page for Silgan Holdings news (Ticker: SLGN), a resource for investors and traders seeking the latest updates and insights on Silgan Holdings stock.
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. (Nasdaq:SLGN) reported record first quarter 2021 net income of $73.3 million ($0.66 per diluted share), up from $57.6 million ($0.52) in Q1 2020. Adjusted net income per diluted share reached $0.75, an increase driven by a 20% sales rise to $1.24 billion. The Dispensing and Specialty Closures segment led growth with 42.6% higher sales. However, challenges included higher operational costs and rationalization charges. The company maintains a full-year adjusted EPS forecast of $3.30 to $3.45, reflecting strong demand but anticipated delays in passing through raw material cost increases.
Silgan Holdings (Nasdaq:SLGN) will announce its Q1 2021 earnings results on April 28, 2021, prior to market opening. A conference call is scheduled for the same day at 11:00 A.M. ET to discuss performance. In 2020, the company achieved approximately $4.9 billion in net sales and operates 110 manufacturing facilities globally. Silgan is a prominent supplier of sustainable rigid packaging solutions, including metal and plastic closures and containers for various consumer goods.
Silgan Holdings Inc. (Nasdaq:SLGN) announced a quarterly cash dividend of $0.14 per share, payable on March 31, 2021, to stockholders of record on March 17, 2021. This marks a 16.7% increase from the previous year, reflecting the company's strong financial performance and ongoing growth. Silgan, with annual net sales of approximately $4.9 billion in 2020, operates 110 manufacturing facilities globally and is a key supplier in the sustainable packaging sector for consumer goods.
Silgan Holdings Inc. (Nasdaq:SLGN) has priced a private offering of $500 million in 1.4% Senior Secured Notes due 2026. The notes will mature on April 1, 2026, with interest payable semi-annually starting October 1, 2021. They are guaranteed by Silgan's U.S. subsidiaries and secured by the same collateral as the existing credit facility. Proceeds will be used to prepay a portion of existing term loans. Silgan, a leader in sustainable packaging, reported net sales of approximately $4.9 billion in 2020 and operates 110 facilities globally.
Silgan Holdings (Nasdaq:SLGN) announced a planned offering of $500 million in senior secured notes maturing in 2026, dependent on market conditions. The offering aims to prepay a portion of outstanding term loans under its senior secured credit facility. These notes will not be registered under the Securities Act, available exclusively to qualified institutional buyers. Silgan, with annual net sales of approximately $4.9 billion, operates 110 manufacturing facilities globally and is a leader in sustainable packaging solutions.
Silgan Holdings (SLGN) reported a strong financial performance for 2020, with net income of $308.7 million ($2.77 per diluted share), up from $193.8 million ($1.74) in 2019. Adjusted net income per diluted share reached a record $3.06, reflecting a 41.7% increase. Net sales grew to $4.92 billion, a 9.6% rise, supported by robust demand for metal food packaging and hygiene products. For 2021, the company forecasts adjusted net income per share between $3.30 and $3.45, with free cash flow expected around $380 million.
Silgan Holdings (Nasdaq:SLGN), a top supplier of sustainable rigid packaging solutions, is set to release its fourth quarter and full year 2020 earnings on January 26, 2021, after market close. A conference call to discuss the results will be held on January 27, 2021, at 11:00 A.M. ET. Silgan reported approximately $4.9 billion in pro forma net sales for 2019, bolstered by its acquisition of the dispensing business from Albéa Group on June 1, 2020. The company operates 110 manufacturing facilities globally and is a leader in metal and plastic packaging products.
Silgan Closures, a leader in closure manufacturing, launched a video campaign to support food and beverage startups in the U.S. The campaign highlights Jake Deleon, winner of the 'Free Closures for a Year' contest, who aims to introduce healthier versions of childhood recipes through his startups, Origin Almond and Fila Manila. The contest provides winners with up to 500,000 free closures and valuable consumer insights, significantly impacting their financial capabilities. The next contest begins on November 9, 2020, and runs until March 31, 2021.
Silgan Holdings Inc. (Nasdaq:SLGN) declared a quarterly cash dividend of $0.12 per share, payable on December 15, 2020, to stockholders recorded as of December 1, 2020. This marks the 67th consecutive quarterly cash dividend increase since 2004. With approximately $4.9 billion in annual net sales in 2019, Silgan operates 110 manufacturing facilities globally, providing sustainable rigid packaging solutions. The company is prominent in metal containers and closures for various consumer goods, strengthening its position as a leading supplier.
Silgan Holdings Inc. (Nasdaq:SLGN) announced a record net income of $112.9 million for Q3 2020, translating to $1.01 per diluted share, up from $81.3 million, or $0.73 per diluted share in Q3 2019. Adjusted earnings per diluted share rose to $1.04 from $0.76 YoY. Net sales reached $1.49 billion, a 12.7% increase. Key growth areas included a 17% rise in the metal container business driven by increased at-home food consumption and a 14% rise in plastic containers. The company raised its 2020 adjusted earnings outlook to $2.92-$2.97 per share, reflecting strong market demand and operational performance.
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