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PHILADELPHIA - Crown Holdings Inc., a packaging and beverage can maker, on Monday said it will reaffirm its fiscal year guidance at the Wachovia Securities and Key Banc Conferences in New York and Boston, respectively.
| CCK | 22.68 |  -0.69 |
The company expects segment income will grow by 24 percent to 28 percent in 2008 to a range of about $800 million to $820 million.
Free cash flow is expected to total between $350 million to $390 million, after expected capital expenditures of $185 million.
Crown Holdings said that taking into account the daily average foreign currency exchange rates for the six months ended June 30, the company will book a currency-related gain of 4 cents per share for the period.
The Wachovia conference is Tuesday and the Keybanc conference is Wednesday.
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