Ball net income falls despite sales increase

Feb 01, 2013 | 03:20 PM | Nathan Laliberte

Tags  Ball, earnings report, beverage cans, Nathan Laliberte

NEW YORK — Ball Corp. logged a slight uptick in revenue in the fourth quarter, and the company expects continued growth despite "pricing headwinds in Asia" and the loss of 12-ounce-can production in North America.

The Broomfield, Colo.-based manufacturer posted net income of $60.6 million for the three months ended Dec. 31, down 21.8 percent from $77.5 million in the same period a year earlier despite a 3-percent increase in sales to more than $2.11 billion.....

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