Silgan forecasts 2026 adjusted EPS of $3.73-$3.93 while confirming $450M free cash flow

Silgan Holdings (SLGN) has raised its 2026 adjusted EPS forecast to $3.73-$3.93, reflecting strong Q1 performance and confidence in future growth. The company reported Q1 net sales of $1.6 billion, a 6% increase year-over-year, with adjusted EBIT of $152 million, down 4%. Free cash flow is confirmed at approximately $450 million. The Metal Containers segment saw a 15% sales increase, driven by pet food demand, while Custom Containers faced a 10% sales decline. The company remains active in M&A discussions and is focused on innovation in its product lines.