* Net income, sales rise 6 pct
* CEO sees signs of recovery in consumer demand
* Stock closes down 20 cents, ahead of results
NEW YORK, April 19 Crown Holdings Inc (CCK.N),
a maker of food and beverage cans, reported a 6 percent
increase in quarterly profit on Monday, reflecting higher sales
and the impact of currency changes.
Net income rose to $67 million from $63 million a year
earlier. Profit attributable to Crown Holdings, excluding
noncontrolling interests, rose to $41 million or $40 million,
or 25 cents per share in both periods.
Excluding items, profit rose to 30 cents per share from 28
cents, the Philadelphia-based company said. Net sales increased
6 percent to $1.78 billion, and beverage can sales volume rose
Analysts on average expected profit of 27 cents per share
on revenue of $1.79 billion, according to Thomson Reuters
Chief Executive John Conway said North American sales
volumes rose 3.9 percent, with "significantly higher" volumes
in aerosol, metal vacuum closure and specialty packaging
businesses. He said these increases are "leading indicators of
recovery in consumer demand."
Crown shares closed on Monday down 20 cents at $27.13 on
the New York Stock Exchange. The company released results after
U.S. markets closed.
(Reporting by Jonathan Stempel; editing by Andre Grenon)