Silgan Announces Fourth Quarter and Full Year 2023 Results

Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, today reported full year 2023 net sales of $6.0 billion and net income of $326.0 million, or $2.98 per diluted share, as compared to full year 2022 net sales of $6.4 billion and net income of $340.8 million, or $3.07 per diluted share.

Adjusted net income per diluted share for the full year of 2023 was $3.40, after adjustments increasing net income per diluted share by $0.42. Adjusted net income per diluted share for the full year of 2022, which included $0.09 per diluted share from non-recurring income associated with Russia, was a record $4.01 after adjustments increasing net income per diluted share by $0.94. A reconciliation of net income per diluted share to “adjusted net income per diluted share,” a Non-GAAP financial measure used by the Company that adjusts net income per diluted share for certain items, can be found in Table A at the back of this press release.
details at: https://www.silganholdings.com/news/news-details/2024/Silgan-Announces-Fourth-Quarter-and-Full-Year-2023-Results-Expects-Earnings-and-Free-Cash-Flow-Growth-in-2024/default.aspx

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