Ball Corp. reports $369M in net income for second quarter
BROOMFIELD — Ball Corp. (NYSE: BLL) on Thursday reported net earnings of $369 million, or $2.54 per share, for its second quarter that ended June 30.
The Broomfield-based can manufacturer generated $2.03 billion in revenue for the quarter.
The net earnings included after-tax income of $217 million, or $1.49 per diluted share, associated with the sale of certain assets required by regulators before they approved Ball’s acquisition of London-based metal beverage-can maker Rexam for $6.1 billion in cash and equity at the end of June.
Following the deal, Ball became the largest manufacturer of beverage cans in the world.
By comparison, during the…
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