Loading...
•
Jun 30, 2021
Ball Q2 2021 Earnings Report
Ball reported strong second-quarter results, with increased earnings per share and global beverage can volumes.
Key Takeaways
Ball Corporation reported strong second quarter 2021 results, with comparable earnings per diluted share increasing by 32% on 13% aluminum beverage volume growth. The company also secured new aerospace contracts and initiated further global capacity investments.
Second quarter U.S. GAAP earnings per diluted share of 61 cents vs. 28 cents in 2020
Second quarter comparable earnings per diluted share of 86 cents vs. 65 cents in 2020, an increase of 32%
Second quarter global beverage can volumes up 13%; specialty mix exceeds 49%
Year-to-date aerospace contracted backlog increased 25% to $3 billion; won-not-booked backlog of $5.1 billion
Ball
Ball
Ball Revenue by Segment
Ball Revenue by Geographic Location
Revenue by Segment
North & Central America Revenue
CapyFin.comEMEA Revenue
CapyFin.comSouth America Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
Other Revenue
CapyFin.com Forward Guidance
The company is well-positioned for long-term growth and has accelerated return of value to shareholders in 2021 by increasing the dividend 33% and initiating share repurchases of at least $500 million.
Positive Outlook
- Company is well-positioned for long-term growth
- Recently accelerated return of value to shareholders in 2021 by increasing our dividend 33%
- Initiating share repurchases of at least $500 million
- Financial strength and flexibility provide the opportunity to return value to shareholders while also investing in excess of $1.5 billion in capital expenditures
- Continue to perform at a high level despite certain transitory inefficiencies and costs
Revenue & Expenses
Visualization of income flow from segment revenue to net income