Christopher Parkinson: Helpful color. Thank you.
Dan Fisher: Thank you.
Operator: Thank you. Our next question is from the line of Ghansham Panjabi with Baird. Please go ahead. Your line is open.
Ghansham Panjabi: Hey guys, good morning.
Dan Fisher: Hey, good morning Ghansham.
Ghansham Panjabi: Good morning. Obviously a lot going on. If food is just going to step back and you know the first quarter beverage packaging North and Central America, you know volumes were down roughly 5% and then in 2Q down 8.5. Is that delta purely mass beer or is there anything else that perhaps was a little bit worse on a year-over-year basis?
Dan Fisher: I think you characterized it correctly. It’s the net beer impact in the second quarter. There were pretty stable trends across everything and it kind of lends into my previous comments on the CSD sector. You know energy continues to — almost all the categories are performing year-over-year in line with the exception of mass beer and that fell off. I think net, there was negative 2.5 points of growth in the first quarter, net minus 4.5 points and obviously our mix would have weighted us further down.
Ghansham Panjabi: Okay. Thanks for clarifying that and then in terms of the curtailment that you’re doing in terms of managing supply et cetera across multiple regions. What was that number for 2Q and how are you thinking about that for the back half of the year as well?
Dan Fisher: The curtailment in South America is exactly what we planned. I mean candidly it’s negligible in terms of the curtailment that we planned in 2Q versus what actually happened. You could say the delta that you just confirmed and volume that was additional curtailment that we took in the second quarter. Apart from that we’ve got a little bit more curtailment that will manifest throughout the third quarter versus what we entered the year with because of the mass beer phenomenon. Apart from that everyone’s in alignment with what we entered the year with and what we expected.
Ghansham Panjabi: Got you. And then just one final one. You seem generally constructive on Europe on beverage packaging side based on what you’ve seen so far this year. Just judging by the commentary and just some of the macro news. It seems like the European consumer is just much weaker in terms of spending and trade-downs and so on and so forth. Has your view changed at all in terms of the outlook for Europe specifically as it relates to the beverage can or is it pretty much the same?
Dan Fisher: The outlook for the long term and the medium term continue to — it is just a wealth of opportunity for us in terms of substrate shift given our current position. The end consumer is absolutely weaker than where we entered the year because of everything you cited. The can generally benefits from the on-prem off-prem shift even some of the trade-downs are beneficial. We’ve got a more diversified portfolio that has helped us heavier energy, heavier CSD. Beer has been the — from a pan-European standpoint. Beer has been the softer category, there but I think our portfolio has helped us. And so we see we see a little bit more opportunity given that than maybe some of the other comments area that’s been that’s been put out there. But yes consumer in the second half of the year softer. We’re still going to see nice growth and we’re still going to — that business continues to perform extremely well.
Ghansham Panjabi: Thanks so much.
Operator: Thank you. Our next question is from the line of Mike Roxland with Truist Security. Please go ahead your line is open.
Mike Roxland: Thank you, Scott and Dan, thanks for taking my questions.
Dan Fisher: You bet Mike.
Mike Roxland: I might as well jump on the mass beer right over here and ask the question just you know. How are you just thinking about your portfolio and your end market exposure going forward. I think so, you made the comment that you could see some you know some shares shift later this year until 2024. So you could see you know mass beer improved and then your volumes are probably not possibly dead out but if there isn’t that recovery in mass beer what happens to your volumes then. And so, I guess the question really is, one, let’s assume that mass beer doesn’t recover what happens to your volumes then. And two, are you actually considering trying to shift your production to other product categories. I made a comment in the press release that you said you’re trying to align yourself with customers that are experiencing higher growth, so that means, you’re trying to really shift or minimize your exposure to mass beer relative to other categories that maybe have more potential on a go forward basis.
