ClosuresNet sales of the closures business were $183.1 million in the second quarter of 2012, a decrease of $1.4 million, or 0.8 percent, as compared to $184.5 million in 2011. This decrease was primarily the result of the impact of unfavorable foreign currency translation of approximately $9.3 million and lower net sales in Europe due to weak market conditions, partially offset by favorable unit volumes in the U.S. single-serve beverage market.
Silgan Announces Second Quarter Earnings And Confirms Full Year 2012 Estimate
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