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Silgan Holdings Inc  (SLGN)
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Price: $51.9000 $0.33 0.640%
Day's High: $52.03 Week Perf: 2.57 %
Day's Low: $ 51.53 30 Day Perf: 2.71 %
Volume (M): 392 52 Wk High: $ 52.84
Volume (M$): $ 20,345 52 Wk Avg: $45.80
Open: $51.58 52 Wk Low: $38.11



 Market Capitalization (Millions $) 5,554
 Shares Outstanding (Millions) 107
 Employees 10,800
 Revenues (TTM) (Millions $) 5,841
 Net Income (TTM) (Millions $) 306
 Cash Flow (TTM) (Millions $) 66
 Capital Exp. (TTM) (Millions $) 240

Silgan Holdings Inc

We are a leading manufacturer of rigid packaging for consumer goods products. Our products are used for a wide variety of end markets and we operate 87 manufacturing plants in North America, Europe, Asia and South America. Our products include:

steel and aluminum containers for human and pet food and general line products;

metal, composite and plastic closures for food and beverage products; and

custom designed plastic containers and closures for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products.


We are a leading manufacturer of metal containers in North America and Europe, and in North America we are the largest manufacturer of metal food containers with a unit volume market share in the United States of approximately sixty percent. Our leadership in these markets is driven by our high levels of quality, service and technological support, our low cost producer position, our strong long-term customer relationships and our proximity to customers through our widespread geographic presence. We have 46 metal container manufacturing facilities located in the United States, Europe and Asia, serving over 50 countries throughout the world. Additionally, we believe that we have the most comprehensive equipment capabilities in the industry.

We are also a leading worldwide manufacturer of metal, composite and plastic closures for food and beverage products. Our leadership position in closures is a result of our ability to provide customers with high levels of quality, service and technological support. Our closures business provides customers with an extensive variety of proprietary metal, composite and plastic closures that ensure closure quality and safety, as well as state-of-the-art capping/sealing equipment and detection systems to complement our closures product offering. We have 19 closure manufacturing facilities located in North America, Europe, Asia and South America, from which we serve over 70 countries throughout the world. In addition, we license our technology to five other manufacturers for various markets we do not serve directly.

METAL CONTAINER BUSINESS
The manufacturing operations of our metal container business include cutting, coating, lithographing, fabricating, assembling and packaging finished cans. We use three basic processes to produce cans. The traditional three-piece method requires three pieces of flat metal to form a cylindrical body with a welded
side seam, a bottom and a top. High integrity of the side seam is assured by the use of sophisticated electronic weld monitors and organic coatings that are thermally cured by induction and convection processes. The other two methods of producing cans start by forming a shallow cup that is then formed into the desired height using either the draw and iron process or the draw and redraw process. Using the draw and redraw process, we manufacture steel and aluminum two-piece cans, the height of which generally does not exceed the diameter. For cans the height of which is greater than the diameter, we manufacture steel two-piece cans by using a drawing and ironing process. Quality and stackability of these cans are comparable to that of the shallow two-piece cans described above. We manufacture can bodies and ends from thin, high-strength aluminum alloys and steels by utilizing proprietary tool and die designs and selected can making equipment. We also manufacture our Quick Top® easy-open ends from both steel and aluminum alloys in a sophisticated precision progressive die process. We regularly review our Quick Top® easy-open end designs for improvements for optimum consumer preference through consumer studies and feedback.

CLOSURES BUSINESS
The manufacturing operations for metal closures include cutting, coating, lithographing, fabricating and lining. We manufacture twist-off, lug style and press-on, twist-off steel closures and aluminum roll-on closures for glass, metal and plastic containers, ranging in size from 18 to 110 millimeters in diameter. We employ state-of-the-art multi-die presses to manufacture metal closures, offering a low-cost, high quality means of production. We also provide customers of our closures business with custom formulations of sealing/lining materials, designed to minimize torque removal and enhance the openability of our closures while meeting applicable regulatory requirements.
We utilize two basic processes to produce plastic closures. In the injection molded process, pellets of plastic resin are heated and injected into a mold, forming a plastic closure shell. The shell can include a molded linerless seal or a custom formulated, compression molded sealing system. The shell can then be slit and printed depending on its end use. In the compression molded process, pellets of plastic resin are heated and extruded, and then compressed to form a plastic closure shell. The shell can include a molded linerless seal or a custom formulated, compression molded sealing system. The shell can then be slit and printed depending on its end use. In either process, the shell can also be lined with foil seal systems formulated for its end use.

For composite closures, a metal panel is manufactured using the same manufacturing process for metal closures, including the use of custom formulations of sealing/lining materials, and then it is inserted into a plastic closure shell.

PLASTIC CONTAINER BUSINESS
We utilize two basic processes to produce plastic containers. In the extrusion blowmolding process, pellets of plastic resin are heated and extruded into a tube of plastic. A two-piece metal mold is then closed around the plastic tube and high pressure air is blown into it causing a bottle to form in the mold’s shape. In the injection and injection stretch blowmolding processes, pellets of plastic resin are heated and injected into a mold, forming a plastic preform. The plastic preform is then blown into a bottle-shaped metal mold, creating a plastic bottle.


We also manufacture plastic closures, caps, sifters and fitments using runnerless injection molding technology. In this process, pellets of plastic resin are melted and forced under pressure into a mold, where they take the mold’s shape.


Our plastic thermoformed bowls, trays and tubs are manufactured by melting pellets of plastic resin into an extruded plastic sheet. The plastic sheet is then formed in a mold to make the plastic bowl, tray or tub.


We have state-of-the-art decorating equipment, including several of the largest sophisticated decorating facilities in the United States. Our decorating methods for plastic containers are in-mold labeling, which applies a plastic film label to the bottle during the blowing process, and post-mold decoration. Post-mold decoration includes:

silk screen decoration which enables the applications of images in multiple colors to the bottle;

pressure sensitive decoration which uses a plastic film or paper label with an adhesive;

heat transfer decoration which uses a plastic coated label applied by heat;

hot stamping decoration which transfers images from a die using metallic foils; and

shrink sleeve labeling.



   Company Address: 4 Landmark Square Stamford, 6901 CT
   Company Phone Number: 975-7110   Stock Exchange / Ticker: NYSE SLGN


Customers Net Income fell by SLGN's Customers Net Profit Margin fell to

-7.77 %

10.22 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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SON        3.19% 
ATR        5.37% 
• View Complete Report
   



Dividend

Silgan Holdings Inc. Declares Quarterly Dividend Resulting in a 7.04% Decline in Share Price, But Long-Term Performance Remains Promising, refusal: null

Published Wed, Aug 7 2024 7:15 AM UTC

Silgan Holdings Inc. Declares Quarterly Dividend, Impacts Shareholders as Stock Price Declines by 7.04%
STAMFORD, Conn. - Silgan Holdings Inc. (NYSE: SLGN), a global leader in providing sustainable rigid packaging solutions for essential consumer goods, announced today that its Board of Directors has approved a quarterly cash dividend on its common stock. The dividend pa...

Stocks on the Move

Silgan Holdings Navigating Challenges and Seizing Opportunities Amidst Mixed Q2 Results and Strategic Acquisitions

Published Mon, Aug 5 2024 4:13 PM UTC

Analyzing Silgan Holdings Inc.?s Recent Market Performance Amidst Mixed Earnings and Growth StrategyIn recent weeks, Silgan Holdings Inc. (NYSE: SLGN), a leader in rigid packaging solutions, has faced a fluctuating stock performance as a result of various corporate developments and market reactions. While the overall trends in the market affected business sentiment, Silgan'...

Silgan Holdings Inc

Silgan Holdings Inc. Sees a Dip in Profits in Q1 2024 Fiscal Report

Silgan Holdings Inc. (NYSE: SLGN) is facing significant challenges as evidenced by its recent financial performance. The company's income fell by -20% in the January to March 31, 2024 fiscal time-frame compared to the same period a year before. This decline in income is alarming and indicates potential trouble for the company moving forward. Additionally, profits fell by -14.57% from the previous reporting season, further illustrating the company's struggles to maintain its financial performance.
The revenue also took a hit, decreasing by -7.178% to $1.32 billion in the January to March 31, 2024 fiscal time-frame from $1.42 billion in the same reporting season a year before. This decline in revenue is concerning as it indicates a potential decrease in demand for the company's products or services. Sequentially, revenue decreased by -1.772% from $1.34 billion, painting a bleak picture for the company's future financial outlook.

Silgan Holdings Inc

2. Analyzing the Impacts of Revenue Decline and Profit Shifts on Silgan Holdings Inc's Financial Performance



Silgan Holdings Inc, a leading supplier of sustainable rigid packaging solutions, recently released its financial results for the October to December 31, 2023 period. Though the company experienced a significant increase in earnings per share (EPS), profit witnessed a decline compared to the previous reporting period. Additionally, a decrease in revenue and noticeable shifts in inventory and accounts receivable levels have gained attention. Despite these challenges, Silgan declared its 20th consecutive annual dividend increase, showcasing confidence in its future performance. This article aims to analyze the financial results and future prospects of Silgan Holdings Inc in light of the provided data.
Financial Results:
For the October to December 31, 2023 financial time-frame, Silgan Holdings Inc more than doubled its EPS by 172.93%, reaching $0.61 per share compared to $0.22 from the previous year. However, profit plummeted by -40.33% from $1.02 to $0.61 per share compared to the prior financial reporting period. The revenue decreased by -7.912% to $1.34 billion from $1.46 billion in the comparable financial reporting period a year ago. Sequentially, revenue fell by -25.663% from $1.80 billion. Despite this, net income increased by 161.96% to $64.429 million from $24.595 million in the October to December 31, 2023 time-frame, reflecting improved profitability. Silgan Holdings Inc's net margin rose to 4.81%, and operating margin edged up to 0.05%.

Dividend

Silgan Holdings Inc. Marks 20 Years of Dividend Growth with Continued Financial Strength

Published Tue, Feb 27 2024 9:30 PM UTC



Silgan Holdings Inc., a leading provider of sustainable rigid packaging solutions for essential consumer goods, has recently announced its 20th consecutive annual dividend increase. The company's strong financial performance and promising business prospects have enabled it to declare a quarterly cash dividend of $0.19 per share on its common stock. This decision re...







Silgan Holdings Inc's Segments
Custom Containers    11.96 % of total Revenue
Dispensing and Specialty Closures    40.93 % of total Revenue
Metal Containers    47.11 % of total Revenue





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