Company: SLGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049324
Chunk: 52

Company: SILGAN HOLDINGS INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 52
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4)— (1.0)(0.7)Rationalization charges1.3 1.8 4.4 4.5 Adjusted EBIT$23.1 $20.0 $72.6 $62.7 CorporateLoss before interest and income taxes (EBIT)$(11.0)$(13.8)$(37.9)$(35.2)Costs attributed to announced acquisitions— 7.1 1.1 12.6 Adjusted EBIT$(11.0)$(6.7)$(36.8)$(22.6)Total adjusted EBIT$221.4 $205.6 $572.6 $506.4 

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Dispensing and Specialty Closures Segment

Three Months EndedNine Months Ended Sept. 30, 2025Sept. 30, 2024Sept. 30, 2025Sept. 30, 2024(Dollars in millions)Net sales$690.4 $563.7 $2,063.7 $1,665.0Income before interest and income taxes (EBIT)95.1 74.7 264.8 213.3 Income before interest and income taxes margin (EBIT margin)13.8 %13.3 %12.8 %12.8 %Adjusted EBIT$113.5 $95.2 $320.6 $265.8Adjusted EBIT margin16.4 %16.9 %15.5 %16.0 %

In the third quarter of 2025, net sales for the dispensing and specialty closures segment increased $126.7 million, or 22.5 percent, as compared to the third quarter of 2024. This increase was primarily the result of higher net sales of dispensing products of $130.7 million primarily due to the inclusion of net sales from Weener Packaging and higher organic unit volumes of high value dispensing products and the impact of favorable foreign currency translation of approximately $14.0 million, partially offset by lower unit volumes of specialty closures of approximately six percent primarily as a result of a decline in volumes for the North American beverage markets. 

In the first nine months of 2025, net sales for the dispensing and specialty closures segment increased $398.7 million, or 23.9 percent, as compared