Silgan Q1 FY26 net income falls 7.24% to $63.04 million; net sales rise 6.45% to $1.56 billion

Silgan Holdings Inc.

Silgan Holdings Inc.

SLGN

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  • Silgan Holdings posted Q1 net income of USD 63.04 million, down from USD 67.96 million, while diluted EPS slipped to USD 0.6 from USD 0.63.
  • Net sales rose 6.4% to USD 1.56 billion, while income before interest and income taxes edged down to USD 126.6 million from USD 130.5 million.
  • Interest and other debt expense increased to USD 42.45 million; results included a USD 1.02 million loss on early extinguishment of debt.
  • During quarter, Silgan repaid all USD 500 million of its 1.4% Senior Secured Notes due 2026, funded with revolving loan borrowings under Credit Agreement and cash on hand.


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