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Q2 adjusted EBITDA increased 21.5 percent to $276 million or 14.1 percent of net sales
August 9, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sealed Air Corporation announced financial results for second quarter 2013. Net sales for the second quarter 2013 totaled $2.0 billion. Adjusted EPS was $0.35 for the second quarter and adjusted EBITDA was $276.3 million, or 14.1% of net sales. On a reported basis, net income was $56.3 million, or $0.26 per share. “During the second quarter, we were able to drive strong growth in AMAT and Latin America and modest growth in North America, which helped mitigate a soft global economy, particular...
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