BALL Corp [BALL] reports annual net loss of $711.0 million
Company Reports Revenue of $14.0 billion
BALL Corp [BALL] has reported a net loss of $711.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $14.0 billion
Based in WESTMINSTER, Colorado, BALL Corp operates in the MANUFACTURING sector.
In the consolidated statements of earnings for Ball Corporation, the net sales for the 12 months ended Dec. 31, 2023, were $14.029 billion, a decrease from $15.349 billion in the previous year and an increase from $13.811 billion in 2021.
Cost of sales for the same period (excluding depreciation and amortization) amounted to $11.359 billion, down from $12.766 billion in the prior year and up from $11.085 billion in 2021. Depreciation and amortization expenses were $686 million, slightly lower than the $672 million in the previous year and $700 million in 2021.