Ball Corporation ( (BALL) ) has released its Q4 earnings. Here is a breakdown of the information Ball Corporation presented to its investors.
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Ball Corporation, a leading provider of sustainable aluminum packaging solutions for beverage and consumer goods, recently released its fourth-quarter and full-year 2024 earnings report. The company operates globally, with significant operations in North America, EMEA, and South America.
Ball Corporation reported a full-year net earnings of $4.01 billion for 2024, significantly up from $707 million in 2023, largely due to the divestiture of its aerospace business. Despite a fourth-quarter net loss of $32 million, the company achieved a full-year diluted earnings per share of $13.00. Ball also returned $1.96 billion to shareholders through share repurchases and dividends.
In terms of segment performance, North and Central America’s beverage packaging saw a slight decrease in sales, while EMEA and South America experienced higher volumes and favorable price/mix, resulting in increased comparable earnings. The company is actively pursuing strategic options for its aluminum cups business, including a potential partnership.
Looking forward, Ball Corporation is focused on advancing sustainable aluminum packaging solutions and aims to achieve over 10% growth in comparable diluted earnings per share in 2025, while continuing to return value to shareholders through dividends and share buybacks. The company’s management remains optimistic about maintaining strong free cash flow and delivering long-term shareholder value.
