Crown Holdings, Inc. · NYSE:CCK
Crown — Shareholder Meeting (May 2025)
15 slides from Crown's shareholder meeting presentation, May 1, 2025
Slide 1: Annual Shareholders Meeting
Annual Shareholders Meeting May 1, 2025
Slide 2: Notes to Investors
Notes to Investors Except for historical information, all other information in this presentation consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors, that may cause actual res
Slide 3: Crown Overview
Crown Overview K E Y S TAT I S T I C S SALES BY PRODUCT Food, Aerosol, CCK 189 and Equipment 10% NYSE Ticker Plants Beverage Transit 18% Cans1 $12B 23,000 Packaging $12B 2024 Net Sales 1892 Employees Company 72% $1.9B Established 39 2024 Adj. EBITDA Countries LEADING GLOBAL SUPPLIER OF PA C K A G I
Slide 4: Investment Thesis
Investment Thesis Leading global supplier of packaging solutions, 1 well-positioned in diverse geographies and end markets with steady, reliable growth Large-scale, high-efficiency manufacturing, delivering 2 strong margins through operational excellence Optimized portfolio and increased manufacturi
Slide 5: Leading Global Beverage Can Manufacturer
Leading Global Beverage Can Manufacturer K E Y S TAT I S T I C S 1 Leading positions in largest global profit pools $8.5B $1.5B Unique international and emerging markets exposure 2024 Net Sales 2024 Segment Profit #2 #2 #1 72% of Crown North America Brazil Middle East total sales #2 #4 #1 SALES BY R
Slide 6: Transit Packaging Provides Diversification, Resilience and Strong Cash Flow
Transit Packaging Provides Diversification, Resilience and Strong Cash Flow Leadership Positions K E Y S TAT I S T I C S – >85% of revenue from product categories in which Transit has a #1 or #2 market position $2.1B $.3B – – Mission critical products and services Comprehensive product offerings 202
Slide 7: Food, Aerosol and Equipment Offers Exposure to Specialized Global Product Segments
Food, Aerosol and Equipment Offers Exposure to Specialized Global Product Segments K E Y S TAT I S T I C S $1.2B $.1B 2024 Net Sales 2024 Segment Profit 10% of Crown total sales Food cans Pet food Food Aerosol Promotional cans closures cans tins – Expertise and strong market presence in food cans, p
Slide 8: Well-Aligned with Secular Global Growth Trends
Well-Aligned with Secular Global Growth Trends Beverage Cans Transit Packaging Total Addressable Market $40-45B $260B Growth rate Low- to Mid- single digits GDP-driven Massive global volume (460B cans/yr) Large, fragmented market Overview Consistent, steady growth Growth linked to industrial activit
Slide 9: Upgraded Beverage Manufacturing Footprint Aligned with Global Demand and Aiding Growth
Upgraded Beverage Manufacturing Footprint Aligned with Global Demand and Aiding Growth U P G R AD E D AN D E X PAN D E D B E V E R AG E P L AN T F O O T P R I N T Excellent manufacturing platform to support 2019 2025 growth – Crown outpaced overall market growth between Expanded 2019 and 2024 56 pre
Slide 10: Delivering Consistent Progress on Sustainability Strategy
Delivering Consistent Progress on Sustainability Strategy Ambitious sustainability strategy Notable progress since 2019: encompassing 20 measurable goals to be 16% achieved by the end of 2030 or sooner Reduction of Scope 1 & 2 emissions 34% FIVE PILLARS OF ACTION of the of the Company’s electricity
Slide 11: 2024 Accolades
2024 Accolades • Named one of TIME’s “World’s Best Companies” • Second consecutive year as the top packaging company on the “Most Trustworthy Companies in America” list and as one of “America’s Most Responsible Companies” by Newsweek and Statista • Named three times as one of “America’s Climate Lead
Slide 12: The Circular Economy Champion
The Circular Economy Champion Infinitely and frequently recycled Energy-saving • The aluminum beverage can is the most recycled • Recycling aluminium saves more than 95% of the drinks package in the world energy and greenhouse gas emissions as compared to new aluminum production • Can to can recycli
Slide 13: 2024 Financial Highlights
2024 Financial Highlights • Record adjusted EBITDA of $1,942 in 2024 • Record adjusted free cash flow of $814 million in 2024 • Returned $336 million to shareholders through dividends and share buybacks • Reduced net debt by $878 million and ended 2024 with adjusted net leverage of 2.7x • Lowered lo
Slide 14: Financial Metrics
Financial Metrics Net Sales Adjusted EBITDA $14,000 $12,943 $2,500 $12,010 $11,801 $11,904 $2,032 $12,000 $11,394 $1,942 $2,000 $1,882 $1,782 $1,744 $10,000 $9,392 $1,500 $1,500 $8,000 $6,000 $1,000 $4,000 $500 $2,000 $- $- 2020 2021 2022 2023 2024 LTM 2020 2021 2022 2023 2024 LTM Adjusted Free Cash
Slide 15: 2025 Outlook
2025 Outlook • Full year EPS expected to be in range of $6.70 and $7.10 per adjusted diluted share • Expect third consecutive year of record adjusted EBITDA • In excess of $2.0 billion • Adjusted free cash flow of at least $800 million • Raise annual dividend to $1.04 per share from $1.00 per share