Crown had another excellent quarter. Demand for our products was strong and unit volumes were very solid across virtually all of the businesses. Our costs and spending were very tightly controlled and our operations ran exceedingly well. Pricing was firm and held up throughout the quarter with no adverse moves. These positive trends were evident across all of our businesses including food cans, metal vacuum closures, beverage cans, aerosol cans, and specialty metal packaging. In addition, all of the regions in which we are active performed very well including North America, South America, Europe, North Africa, the Middle East, China, and Southeast Asia.
Friday, October 17, 2008
Crown Holdings, Inc. Q3 2008 Earnings Call
Seeking Alpha: "As we look ahead, we remain confident in the future. Demand for our products is firm. We have begun our 2009 pricing initiatives based upon cost increases which we foresee across all of our product lines. We believe we will be successful in our pricing goal of passing through what are significant price increases from our suppliers particularly with regard to tinplate steel"
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