Industry News, Printers News

Sealed Air Reports 2Q 2014 Results

Adjusted EBITDA Increased 8.4 percent to $284 million, or 14.4% of net sales

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sealed Air Corporation announced financial results for the second quarter 2014. Second quarter 2014 net sales of $2.0 billion increased 1.9% on a reported basis and 3.0% on a constant dollar basis. Favorable product price/mix of 3.4% was offset by a 0.4% decline in volume.   Adjusted EBITDA for the second quarter 2014 increased 8.4% to $284 million, or 14.4% of net sales. This compares to second quarter 2013 of $262 million, or 13.5% of net sales.   “Second quarter 2014 net sales of $2.0 bil...

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