secwatch.observer — SEC 8-K summary
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Issuer:     SILGAN HOLDINGS INC (SLGN)
CIK:        0000849869
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0000849869-23-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silgan Q1 adjusted EPS $0.78 versus $0.79 prior year; confirms FY2023 guidance $3.95-$4.15
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- Net sales $1.42B (-2% YoY); net income $72.0M ($0.65 diluted) vs $84.9M ($0.76) prior year.
- Dispensing & Specialty Closures adjusted EBIT down $13.6M to $82.9M on resin cost lag; Metal Containers EBIT up $19.5M to $52.4M on volume growth.
- Q2 2023 adjusted EPS guided $0.85-$0.95, down from record $1.09, due to higher interest, Russia comparables, and resin pass-through timing.
- Full-year free cash flow expected ~$425M up from $368.2M; capex ~$250M; interest expense ~$155M.
- Double-digit volume growth in fragrance/beauty dispensing; 3% organic volume growth in metal containers for pet food, soup, vegetables.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849869/000084986923000074/0000849869-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849869/000084986923000074/slgn-20230426.htm
  HTML page:      https://secwatch.observer/filing/0000849869-23-000074

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