Industry News, Printers News

Sealed Air Reports Third Quarter 2013 Results

Q3 Adjusted EBITDA of $282 million or 14.5 percent of net sales

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sealed Air Corporation announced financial results for third quarter 2013. Net sales for the third quarter 2013 totaled $1.9 billion. Adjusted EPS was $0.39 for the third quarter and adjusted EBITDA was $282 million, or 14.5% of net sales. On a reported basis, net income was $37.7 million, or $0.18 per share. “During the third quarter, not only have we delivered a strong financial quarter, we are continuing to re-invent the new Sealed Air,” Jerome A. Peribere, president and CEO, said. “This qua...

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