Ball invests in new can plants in Germany and India as Q3 comparable EPS rises 6.8%
Ball is investing in a new beverage can plant in Baruth, Germany, to serve EMEA customers and has announced another in India, alongside Q3 2026 results in which comparable diluted EPS rose 6.8% to USD 1.10 and global aluminium packaging shipments grew 4.7%. Sales rose to USD 4.19bn from USD 3.38bn, largely on higher aluminium prices passed through to customers, but Ball reported a GAAP net loss of USD 94m against net earnings of USD 321m a year earlier. It kept 2026 guidance of 10%-plus comparable EPS growth and about USD 900m of free cash flow.
Why this mattersBall is adding can capacity in Europe and India while North American earnings slip on start-up costs, a sign can makers still see volume growth justifying new plants.
- Ball is investing in a new beverage can plant in Baruth, Germany, for EMEA and has announced a new can plant in India
- Q3 2026 comparable diluted EPS was USD 1.10 against USD 1.03, up 6.8%; comparable operating earnings rose 2.5% to USD 451m
- Global aluminium packaging shipments rose 4.7%; South America volume up low double digits, EMEA mid single digits, North and Central America low single digits
- Sales were USD 4.19bn against USD 3.38bn; GAAP net loss of USD 94m (USD 0.36 per share) against net earnings of USD 321m (USD 1.18)
- North and Central America comparable operating earnings fell to USD 210m from USD 215m on higher operating and plant start-up costs
- USD 431m returned to shareholders in nine months, at least USD 800m targeted by year-end; 2026 guidance of 10%-plus comparable EPS growth and about USD 900m free cash flow