Report
Charles Gross
EUR 101.80 For Business Accounts Only

Ball's Growth and Profitability in South America Outstripped Our Expectations in 2017

Concrete progress with cost reductions as well as favorable volume trends drove better 2017 results for Ball than we had anticipated. In Europe and South America, improving economic conditions supported rising volumes. In North America and South America, the ongoing substrate mix shift away from glass to aluminum kept operating rates high. We've modestly increased our medium-term outlook for Ball, and we've reduced our long-term tax rate assumption after refining our estimate of the impact of U....
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Gross

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