Ball’s earnings drop 5.6% in 2d qtr.
Jul 25, 2008 | 09:35 AM
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Packaging maker Ball Corp., Broomfield, Colo., saw its second-quarter earnings dip 5.6 percent on higher costs and weaker volumes in its Americas & Asia metal beverage packaging unit.
BALL CORP. (in thousands except per share) 200820072nd qtr. endedJune 29July 1Net sales$2,080,300$2,032,800Net income 100,000105,900Per share1.021.036 months endedJune 29July 1Net sales$3,820,500$3,727,000Net income 183,800187,100Per share1.87 1.81Second-quarter net income fell to $100 million from $105.9 million in the year-earlier quarter on sales of $2.08 billion, down 2.3 percent from $2.03 billion.....
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