Ball Corporation to Announce Earnings April 28; Company to Hold Management Briefing in New York City
March 21 2005 - 1:00PM
PR Newswire (US)
Ball Corporation to Announce Earnings April 28; Company to Hold
Management Briefing in New York City BROOMFIELD, Colo., March 21
/PRNewswire-FirstCall/ -- On Thursday, April 28, Ball Corporation
(NYSE:BLL) will announce its first quarter 2005 earnings and host a
management briefing and review of the company's operations. Results
are scheduled to be released that morning before trading begins on
the New York Stock Exchange. The briefing will be at 2 p.m.
(Eastern) at the Waldorf-Astoria Hotel in New York City. The
briefing is in conjunction with Ball's regularly scheduled board
meeting. The investing public and others are invited to attend the
briefing or to participate via toll-free telephone access at
800-638-5439 (domestic) or 617-614-3945 (international), or via
live Web cast at: http://phx.corporate-/
ir.net/phoenix.zhtml?p=irol-eventDetails&c=115234&eventID=1035473.
A telephone replay of the briefing will be available approximately
two hours after the briefing concludes and will be accessible for
seven days at 888-286-8010 (domestic) or 617-801-6888 using the
pass code 44341276. A Web replay of the call will be available at
http://www.ball.com/ in the investor relations section under
"presentations" for at least 30 days after the call. The briefing
replaces, for this quarter, the company's quarterly earnings
conference call. R. David Hoover, Ball's chairman, president and
chief executive officer, will lead the briefing. Senior managers
from Ball's North American and international packaging segments and
its aerospace and technologies segment also will participate. "As
we celebrate Ball's 125th anniversary in 2005, we want to take
advantage of opportunities to show our appreciation to stakeholders
who have contributed to our success and the company's longevity,"
Hoover said. "Certainly that includes investors. This briefing will
give investors and others an excellent opportunity to hear from a
wide range of our management team, and us a chance to thank
investors for their confidence in Ball." Ball Corporation is a
supplier of high-quality metal and plastic packaging products,
primarily for the beverage and food industries. The company also
owns Ball Aerospace & Technologies Corp., which develops
sensors, spacecraft, systems and components for government and
commercial markets. The company employs more than 13,200 people and
reported 2004 sales of $5.4 billion. Forward-Looking Statements The
information in this news release contains "forward-looking"
statements and other statements concerning future events and
financial performance. Words such as "expects," "anticipates,"
"estimates," and variations of same and similar expressions are
intended to identify forward-looking statements. Forward-looking
statements are subject to risks and uncertainties which could cause
actual results to differ materially from those expressed or
implied. The company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Key risks and
uncertainties are summarized in the company's filings with the
Securities and Exchange Commission, especially in Exhibit 99.2 in
the most recent Form 10-K. These filings are available at our Web
site and at http://www.sec.gov/. Factors that might affect our
packaging segments include fluctuation in consumer and customer
demand; availability and cost of raw materials, particularly the
recent significant increases in resin, steel, aluminum and energy
costs, and the ability to pass such increases on to customers;
competitive packaging availability, pricing and substitution;
changes in climate and weather; fruit, vegetable and fishing
yields; industry productive capacity and competitive activity; lack
of productivity improvement or production cost reductions; the
German mandatory deposit or other restrictive packaging laws;
changes in major customer or supplier contracts or loss of a major
customer or supplier; international business risks, including
foreign exchange rates, tax rates and activities of foreign
subsidiaries; and the effect of LIFO accounting on earnings.
Factors that might affect aerospace segment include: funding,
authorization and availability of government contracts and the
nature and continuation of those contracts; and technical
uncertainty associated with segment contracts. Factors that could
affect the company as a whole include those listed plus:
acquisitions, joint ventures or divestitures; regulatory action or
laws including environmental and workplace safety; governmental
investigations; goodwill impairment; antitrust and other
litigation; strikes; boycotts; increases in employee benefits and
labor costs; rates of return projected and earned on assets of the
company's defined benefit retirement plans; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or management's evaluation of the company's
internal control over financial reporting. DATASOURCE: Ball
Corporation CONTACT: Investors, Ann. T. Scott, +1-303-460-3537, ,
or Media, Scott McCarty, +1-303-460-2103, , both of Ball
Corporation Web site: http://www.ball.com/
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