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Adjusted net sales for the full year were $2.7 billion.
March 20, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Coveris Holdings S.A. reported fourth quarter 2015 adjusted net sales of $645 million. Adjusted net sales for the fourth quarter of 2014 were $704 million. Excluding the impact of foreign exchange, pass-through of lower resin costs, and acquisitions, adjusted net sales for the fourth quarter of 2015 were approximately in-line with the prior year. Adjusted EBITDA for the fourth quarter was $84 million. Excluding currency impacts, adjusted EBITDA was $90 million or a 16.8% increase over 2014. ...
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