Silgan has posted a net income of $75.8m for the second quarter (Q2) of 2026, down from $89m in the same period of 2025.
Quarterly sales reached $1.64bn, an increase of $104.1m, or 7%, from a year earlier.
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The rise was mainly linked to contractual mechanisms that passed higher raw material costs through to customers, the sustainable rigid packaging solutions provider said.
EBIT [earnings before interest and taxes] came in at $151m for the quarter, compared with $167.5m a year earlier.
Corporate expense increased to $15.4m from $10.6m in Q2 2025. The company said the higher cost was mainly tied to corporate development activities.
In dispensing and speciality closures, sales were $713.9m, up 2% from $702.2m a year earlier.
The change reflected a 3% pass through of higher raw material and other costs, along with a 2% benefit from foreign currency translation, partly offset by a 3% decline from volume / mix.
Metal containers recorded sales of $763.9m, up 13% from $676.1m in the prior-year quarter.
The increase was attributed to better price/mix from the contractual pass through of higher raw material and other manufacturing costs.
Custom containers reported sales of $165.5m, compared with $160.9m a year earlier, an increase of 3%. The gain was driven by more favourable price / mix, partly offset by a 4% drop in volumes.
For Q3 2026, Silgan forecast adjusted net income per diluted share of $1.21 to $1.31, versus $1.22 in Q3 2025.
