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Home Belgium

Ball buys European aluminum-packaging firm, boosts earnings per share – BizWest

November 1, 2024
in Belgium
Ball buys European aluminum-packaging firm, boosts earnings per share – BizWest
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Earnings per diluted share were 91 cents in the most recent quarter, up from 83 cents in the third quarter of 2023.

“We delivered strong third quarter results and have returned $1.25 billion to shareholders in the first nine months of 2024,” Ball CEO Daniel Fisher said in a prepared statement. “Leveraging our strong financial position and leaner operating model, the company remains uniquely positioned to enable our purpose of advancing the greater use of sustainable aluminum packaging, despite the current end consumer environment in certain geographies. We continue to complement our purpose by driving innovation and sustainability on a global scale, unlocking additional manufacturing efficiencies and enabling consistent delivery of high-quality, long-term shareholder value creation.”

Ball’s stock price was $59.12 as of 12:15 p.m. Friday, roughly flat on the day.

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Lucas High

A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.

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Publish date : 2024-11-01 11:51:00

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