date:Jul 21, 2012
offset by negative mix and higher fixed costs.
The acquisition of Tegrant ensured net sales increased 6.6% to more than $1.2bn.
Segment Loss
Consumer Packaging sales fell $13m to $477m year-on-year due to lower volumes in the global composite can business.
Operating profit increased 6% year-on-year courtesy of productivity improvements and a positive price/cost relationship which more than offset negative volume and mix among other expenses.
However, it decreased $7.3m from Q1 2012 which S