Strong Sales Growth Amid Market …

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• Net Sales: $2 billion, a 15% increase from the prior year period.

• Adjusted EBIT: $221 million, an 8% increase year-over-year.

• Adjusted EPS: $1.22, slightly above the prior year quarter.

• Dispensing and Specialty Closures Sales Growth: 23% increase versus the prior year period.

• Dispensing Product Sales Growth: Nearly 40% growth in dispensing product sales.

• Metal Containers Volume Growth: 4% increase, with a 10% increase in pet food products.

• Custom Containers Volume Growth: 4% increase after adjusting for lower margin business exited.

• Adjusted EBIT Margin Expansion: 180 basis points increase.

• Free Cash Flow Estimate for 2025: Approximately $430 million, a 10% increase from the prior year.

• Capital Expenditures Estimate for 2025: Approximately $300 million.

Release Date: October 29, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

• Silgan Holdings Inc (NYSE:SLGN) reported a 10% adjusted EPS growth for the first three quarters of 2025.

• The company returned over $120 million in cash to shareholders through dividends and share repurchases.

• The Dispensing and Specialty Closures segment achieved nearly 40% growth in dispensing product sales.

• Silgan Holdings Inc (NYSE:SLGN) successfully integrated the Weener acquisition, enhancing its product portfolio.

• The metal containers business delivered strong volume growth of 4%, with a 10% increase in the pet food market.

• Silgan Holdings Inc (NYSE:SLGN) adjusted its outlook due to higher interest expenses and a higher tax rate.

• The company experienced lower volumes in its Dispensing and Specialty Closures and Custom Container segments.

• North American consumer trends showed bifurcation, impacting certain product sales negatively.

• The company faced challenges due to the bankruptcy of a large fruit and vegetable customer.

• Fourth-quarter volumes for dispensing and specialty closures and custom containers are expected to decline by a mid-single-digit percentage.

Q: How does the current inventory destocking cycle compare to the previous one in 2022 and 2023? A: Adam Greenlee, President and CEO, explained that the current situation is different from the broad destocking post-pandemic cycle of 2023. The current cycle is more about the bifurcation of consumer activity, with high-value products doing well and lower-income consumers struggling due to inflation and muted wage growth. This has led to increased demand for essential goods like shelf-stable food cans.