Company: SLGN
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000849869-25-000029
Chunk: 158

Company: SILGAN HOLDINGS INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 158
---
 income taxes (EBIT)$228.9 $287.4 $234.2 Acquired intangible asset amortization expense1.4 1.4 1.2 Other pension (income) expense for U.S. pension plans(2.3)1.5 (26.3)Rationalization charges (credits) 14.4 (7.9)73.1 Adjusted EBIT$242.4 $282.4 $282.2 Custom ContainersIncome before interest and income taxes (EBIT)$55.4 $52.8 $92.5 Acquired intangible asset amortization expense4.5 4.5 4.5 Other pension (income) expense for U.S. pension plans(0.9)1.0 (10.2)Rationalization charges22.0 5.0 — Adjusted EBIT$81.0 $63.3 $86.8 CorporateLoss before interest and income taxes (EBIT)$(59.2)$(25.8)$(47.7)European Commission settlement— — 25.2 Costs attributed to announced acquisitions28.4 — — Adjusted EBIT$(30.8)$(25.8)$(22.5)Total Adjusted EBIT$658.2 $660.5 $706.3 

35

DISPENSING AND SPECIALTY CLOSURES SEGMENT

Year Ended December 31, 202420232022(Dollars in millions)Net sales$2,304.4 $2,221.4 $2,316.7 Income before interest and income taxes (EBIT)290.0 281.0 323.0 Income before interest and income taxes margin (EBIT margin)12.6 %12.6 %13.9 %Adjusted EBIT$365.6 $340.6 $359.8 Adjusted EBIT margin15.9 %15.3 %15.5 %

In 2024, net sales for the dispensing and specialty closures segment increased $83.0 million, or 3.7 percent, as compared to 2023. This increase was primarily the result of the acquisition of Weener Packaging in the fourth quarter of 2024 and a more favorable mix of products sold, partially offset by lower