Silgan Holdings boosts sales and profits in the third quarter thanks to metal packaging and specialized closures

Silgan Holdings Inc. reported a 15% increase in its third-quarter 2025 sales, reaching $2.01 billion, driven by the expansion of its metal packaging and specialized closures businesses, and the integration of the recent acquisition Weener Plastics.

Net profit stood at $113.3 million, or $1.06 per share, compared to $100.1 million and $0.93 in the same period of the previous year. Meanwhile, adjusted earnings per share registered a slight increase of 1%, to $1.22.

According to Adam Greenlee, President and CEO, the results reflect the effectiveness of the company’s growth strategies and operational resilience, even in the face of more moderate demand in some North American markets. “Our metal packaging business showed mid-single-digit volume growth, with double-digit increases in pet food products,” he noted.

The Dispensing and Specialty Closures segment reached record figures, with an adjusted EBIT of $113.5 million, a 19% increase driven by strong sales in fragrance products and the contribution of Weener. The segment’s net sales rose 23% to $690.4 million.

Metal Containers, meanwhile, recorded net sales of $1.16 billion, a 13% increase driven by higher raw material costs and a 4% volume increase, highlighting strong demand in pet food packaging. Adjusted EBIT was $95.8 million, slightly lower than the previous year’s $97.1 million due to the combination of prices and product mix.

The Custom Containers business achieved a record adjusted EBIT of $23.1 million, higher than the $20 million in the same quarter of 2024, benefiting from improvements in costs and pricing strategies.

The company adjusted its forecast for adjusted earnings per share for the full year 2025 to a range of $3.66–3.76, citing lower demand in packaging for personal and home care in North America, an increase in the tax burden, and higher financial costs following the issuance of a bond in euros.

Despite these challenges, Greenlee stressed that Silgan maintains a solid position to continue growing: “Our portfolio of basic consumer products will continue to outperform the end markets, laying the foundation for an increase in profits in 2026 and the following years.”