Company: SLGN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038677
Chunk: 37

Company: SILGAN HOLDINGS INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 37
---
, we may use our cash flow to repay debt, repurchase shares of our common stock or increase dividends to our stockholders or for other permitted purposes.

In October 2024, we acquired Weener Plastics Holding B.V., or Weener Packaging. Weener Packaging's results of operations are included in our dispensing and specialty closures segment.

-18-

RESULTS OF OPERATIONS

The following table sets forth certain unaudited income statement data expressed as a percentage of net sales for the periods presented: 

Three Months EndedSix Months EndedJune 30, 2025June 30, 2024June 30, 2025June 30, 2024Net salesDispensing and Specialty Closures45.6 %40.9 %45.7 %40.8 %Metal Containers43.9 47.1 43.4 47.0 Custom Containers10.5 12.0 10.9 12.2 Consolidated100.0 100.0 100.0 100.0 Cost of goods sold80.6 81.5 81.1 82.2 Gross profit19.4 18.5 18.9 17.8 Selling, general and administrative expenses7.9 7.8 8.3 7.7 Rationalization charges0.6 0.4 0.7 0.7 Other pension and postretirement income— — — — Income before interest and income taxes10.9 10.3 9.9 9.4 Interest and other debt expense3.2 3.0 3.0 2.9 Income before income taxes7.7 7.3 6.9 6.5 Provision for income taxes2.0 1.8 1.7 1.6 Income before equity in earnings of affiliates5.7 5.5 5.2 4.9 Equity in earnings of affiliates, net of tax0.1 — 0.1 — Net income5.8 %5.5 %5.3 %4.9 %

Summary unaudited results of operations for the periods presented are provided below.

Three Months EndedSix Months Ended June 30, 2025June 30, 2024June 30, 2025June