Silgan Q1 Net Sales Up 6.4% to $1.56B; Income Before Tax Down 3.0%

Silgan Holdings reported a 6.4% increase in consolidated net sales to $1.56 billion for the first quarter of 2026. However, income before interest and income taxes decreased by $3.9 million to $126.6 million, and the gross profit margin declined to 17.0%. The sales increase was driven by higher raw material pass-through costs, favorable foreign currency translation, and higher unit volumes in metal containers, partially offset by lower volumes in other segments and an unfavorable product mix.