Crown Holdings releases end of year results
Positive Q4 2011 for packaging giant
US packaging technology giant Crown Holdings has released results for the fourth quarter 2011 and the year ended December 31, 2011. Net sales in the fourth quarter grew to over $2m over the $1,9m in the fourth quarter of 2010 and for the full year net sales increased to $8,6m over the $7,9m in 2010. The company is actively planning its market expansion: “We continue to evaluate many new and exciting opportunities but remain committed to conservative deployment of capital by growing with our customers to meet long term demand in promising emerging markets," stated president and executive chief officer John Conway.