Crown CEO: 'We Expect Very Little Direct Tariff Impact' -- Market Talk

Dow Jones

2025/04/30

1306 ET - Crown Holdings expects tariffs to have very little direct impact on its business, CEO Tim Donahue says on a call with analysts. The maker of aluminum cans and aerosol containers estimates new levies will ding income by less than $30 million, comprising about $10 million in direct exposures and roughly $20 million that stems from lower customer spending due to an uncertain business environment. This hit is included in the company's updated full-year outlook, which Crown raised following what Donahue calls a tremendous Q1. Shares rise 8.1%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 29, 2025 13:06 ET (17:06 GMT)

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The maker of aluminum cans and aerosol containers estimates new levies will ding income by less than $30 million, comprising about $10 million in direct exposures and roughly $20 million that stems from lower customer spending due to an uncertain business environment. This hit is included in the company's updated full-year outlook, which Crown raised following what Donahue calls a tremendous Q1. Shares rise 8.1%. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 13:06 ET (17:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930573.SGD","symbol_name":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531690937","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531690937","pubTimestamp":1745946360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1306 ET - Crown Holdings expects tariffs to have very little direct impact on its business, CEO Tim Donahue says on a call with analysts. The maker of aluminum cans and aerosol containers estimates new levies will ding income by less than $30 million, comprising about $10 million in direct exposures and roughly $20 million that stems from lower customer spending due to an uncertain business environment. This hit is included in the company's updated full-year outlook, which Crown raised following what Donahue calls a tremendous Q1. Shares rise 8.1%. 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