Company: SLGN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038677
Chunk: 9

Company: SILGAN HOLDINGS INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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   Significant Accounting Policies

Basis of Presentation. The accompanying unaudited condensed consolidated financial statements of Silgan Holdings Inc., or Silgan, have been prepared in accordance with U.S. generally accepted accounting principles, or GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying financial statements include all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. The results of operations for any interim period are not necessarily indicative of the results of operations for the full year.The Condensed Consolidated Balance Sheet at December 31, 2024 has been derived from our audited consolidated financial statements at that date, but does not include all of the information and footnotes required by GAAP for complete financial statements.You should read the accompanying condensed consolidated financial statements in conjunction with our consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2024.

Note 2.               Revenue

The following tables present our revenues disaggregated by reportable segment and geography as they best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Revenues by segment were as follows:Three Months EndedSix Months EndedJune 30, 2025June 30, 2024June 30, 2025June 30, 2024(Dollars in thousands)Dispensing and Specialty Closures$702,187 $565,377 $1,373,290 $1,101,297 Metal Containers676,056 650,796 1,304,483 1,267,925 Custom Containers160,918 165,192 328,049 329,181 $1,539,161 $1,381,365 $3,005,822 $2,698,403 Revenues by geography were as follows:Three Months EndedSix Months EndedJune 30, 2025June 30, 2024June 30, 2025June 30, 2024(Dollars in thousands)North America$1,041,051 $1,034,401 $2,058,621 $2,016,364 Europe