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Stock impact report

Sealed Air Reports Fourth Quarter and Full Year 2018 Results

Sealed Air Corporation (SEE) 
Last sealed air corporation earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sealedair.com
Company Research Source: Business Wire
Solid year-over-year sales and earnings growth in Q4 and FY 2018 from continuing operations Net sales increased 3% to $1.3 billion in Q4 and 6% to $4.7 billion in FY 2018 Net earnings and earnings per diluted share of $199 million and $1.28 in Q4 and $150 million and $0.94 in FY 2018 Adjusted EPS increased 29% to $0.75 in Q4 and 38% to $2.50 in FY 2018 Q4 and FY 2018 Adjusted EBITDA increased 4% to $248 million, or 19.7% of net sales, and 7% to $890 million, or 18.8% of net sales Reinvent SEE strategy on track to take company to world-class performance Well positioned to capitalize on growing fresh food and e-Commerce markets with high-value brands Annualized savings from restructuring of $215 to $235 million by end of 2021 Implements “One SEE” and appoints Karl Deily Chief Commerc Show less Read more
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