Silgan Holdings Inc. (NYSE:SLGN) Q1 2020 Earnings Conference Call April 22, 2020 11:00 AM ET Company Participants Kim Ulmer - Vice President, Finance & Treasurer Tony Allott - Chairman & Chief Executive Officer Adam Greenlee - President & Chief Operating Officer Bob Lewis - Executive Vice President & Chief Financial Officer Conference Call Participants George Staphos - Bank of America Mark Wilde - Bank of Montreal Anthony Pettinari - Citi Ghansham Panjabi - Baird Kyle White - Deutsche Bank Arun Viswanathan ...

Silgan Holdings Inc. (NYSE:SLGN) Q4 2019 Results Conference Call January 29, 2020 11:00 AM ET Company Participants Kim Ulmer - Vice President, Finance and Treasurer Tony Allott - Chairman and Chief Executive Officer Bob Lewis - Executive Vice President and Chief Financial Officer Adam Greenlee - President and Chief Operating Officer Conference Call Participants Mark Wilde - Bank of Montreal Anthony Pettinari - Citigroup Chip Dillon - Vertical Research Partners Ghansham Panjabi - Robert W. Baird Gabe Hajde - ...

Proposed Acquisition of Albea's Dispensing Business Deploying Strong Free Cash Flow to Build Shareholder Value January 27, 2020 Forward Looking Statements & Non-GAAP Measures Statements made in or during the course of this presentation which are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forwardlooking statements are made ...

Silgan Holdings, Inc. (NYSE:SLGN) Q3 2019 Earnings Conference Call October 23, 2019 11:00 AM ET Company Participants | --- | |--------------------------------------------| | | | Kim Ulmer - VP, Finance & Treasurer | | Tony Allott - Chairman & CEO | | Bob Lewis - EVP & CFO | | Adam Greenlee - President & COO | | Conference Call Participants | | Anthony Pettinari - Citi | | Chip Dillon - Vertical Research | | Mark Wilde - Bank of Montreal | | Debbie Jones - Deutsche Bank | | Adam Josephson - KeyBanc | | Molly ...

Financial Data and Key Metrics Changes - The company reported record second quarter adjusted earnings per share of $0.55, a 6% increase from the prior year quarter, and at the upper end of expectations for the quarter [7][10] - Consolidated net sales for Q2 2019 were $1.090 billion, an increase of $34.1 million or 3.2% compared to the previous year, primarily due to higher raw material costs in the metal container business [12][13] - The tax rate for Q2 2019 was 23%, slightly lower than expected due to favorable resolution of a prior year tax audit [15] Business Line Data and Key Metrics Changes - The metal container business recorded net sales of $575.6 million for Q2 2019, an increase of $50.7 million versus the prior year, driven by higher unit volumes and the pass-through of higher raw material costs [16] - Sales in the closures business decreased to $363.4 million from $378.8 million in the prior year, primarily due to unfavorable foreign currency translation and a less favorable mix of products sold [18] - Net sales in the plastic container business decreased slightly to $154.2 million, primarily due to lower raw material costs and a favorable foreign currency translation [19] Market Data and Key Metrics Changes - The company noted that extreme weather conditions in Q2 affected volumes across all three business segments, particularly in Europe [36] - The U.S. market experienced a delay in the vegetable and fruit harvests, pushing some volumes into Q3 and increasing risks for Q4 [21][37] Company Strategy and Development Direction - The company announced a footprint optimization program, including the shutdown of two metal container manufacturing facilities and withdrawal from the Central States Pension Fund, resulting in a restructuring charge of $39.3 million [9][13] - The company reaffirmed its full-year earnings guidance in the range of $2.10 to $2.20 per share, despite headwinds from reduced non-cash pension income [20] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the European market, noting it feels weaker compared to North America, and highlighted the impact of weather on harvests [54][72] - The company anticipates free cash flow generation to be approximately $275 million for the year, with restructuring activities having minimal cash impact [21][33] Other Important Information - The company is focused on cost reductions and continues to evaluate opportunities for further optimization in its operations [67] - Management indicated that sustainability discussions have increased, but no material changes have been observed in the business yet [91][114] Q&A Session Summary Question: Regarding food can business volume growth - Management clarified that the 6% growth was a partial recovery from a seasonal customer and does not indicate a significant change in overall expectations for the year [28][30] Question: Impact of restructuring on free cash flow - Management confirmed that the restructuring activities would not significantly impact free cash flow guidance of $275 million [32][33] Question: Effects of extreme weather on volumes - Management acknowledged that extreme weather affected volumes, particularly in Europe, and noted potential delays in U.S. harvests [36][37] Question: Competitive pricing in Europe - Management indicated that there is some competitive pricing pressure in Eastern Europe but does not view it as a significant threat to the overall business [72] Question: Tax rate guidance for the year - Management maintained the tax rate guidance for the full year around 24% [80] Question: Sustainability impact on business - Management stated that there has been no material impact from sustainability trends on the food can or plastic container businesses [91][114]

Silgan Holdings Inc. (NYSE:SLGN) Q1 2019 Results Conference Call April 24, 2019 11:00 AM ET Company Participants Kim Ulmer - VP, Finance and Treasurer Tony Allott - Chairman and CEO Adam Greenlee - President and COO Bob Lewis - EVP and CFO Conference Call Participants Scott Gaffner - Barclays Anthony Pettinari - Citi Chip Dillon - Vertical Research Mark Wilde - Bank of Montreal Debbie Jones - Deutsche Bank Ghansham Panjabi - Baird George Staphos - Bank of America Merrill Lynch Adam Josephson - KeyBanc Gabe ...

Silgan Holdings, Inc. (NYSE:SLGN) Q4 2018 Earnings Conference Call January 30, 2019 11:00 PM ET Company Participants Kimberly Ulmer - VP, Finance & Treasurer Anthony Allott - CEO Robert Lewis - EVP & CFO Adam Greenlee - EVP & COO Conference Call Participants Anthony Pettinari - Citi Scott Gaffner - Barclays Capital Mark Wilde - Bank of Montreal Clyde Dillon - Vertical Research Gabe Hajde - Wells Fargo Securities Debby Jones - Deutsche Bank Matt Krieger - Robert W. Baird George Staphos - Bank of America Merr ...