Better second half expected by Ball

摘要

Weaker demand for standard 12oz drinks cans in the US, lower volumes in Europe and higher costs all impacted second-quarter sales at Ball Corporation. Global sales for the three-months to the end of June were US$2.2 billion, down 4 percent from the $2.3bn of the same period in 2012. Net profit was also down at $95m, compared with $139m in the second quarter of 2012. Chief executive John Hayes said he expected an improvement in the second half of the year. "Despite continued weakness in some of our end markets, our second quarter results were largely in line with expectations and we expect improved results as we move into the second half," he said.