Trade Silgan Holdings Inc - SLGN CFD

Silgans Company profile

About Silgan Holdings Inc.

Silgan Holdings Inc. is a manufacturer of rigid packaging solutions for consumer goods products. The Company operates through three segments: dispensing and specialty closures, metal containers and custom containers. Its dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for food, beverage, health care, garden, home, personal care, fragrance and beauty products. Its metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products. Its custom containers segment manufactures and sells custom-designed plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet food and care, agricultural, automotive and marine chemical products. Its dispensing and specialty closures segment operates in North and South America, Europe and Asia. Its metal containers segment operates primarily in North America and Europe.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Silgan Holdings Inc. revenues increased 15% to $5.68B. Net income increased 16% to $359.1M. Revenues reflect Dispensing and Specialty Closures segment increase of 26% to $2.16B, Metal Containers segment increase of 10% to $2.81B, Custom Containers segment increase of 9% to $708.6M, North America segment increase of 13% to $4.13B, Europe and other segment increase of 22% to $1.55B.

Equity composition

Common Stock $.01 Par, 03/11, 100M auth., 87,302,832 issd., less 17,216,832 shs. in Treas. @ $311.2M. Insiders control approx 29.76%. IPO 2/97, 4.5M shares @ $20Goldman, Sachs. 9/05, 2-for-1 stock split. 05/10, 2-for-1 stock split.