Industry News, Printers News

Sealed Air Reports 3Q 2014 Results

Adjusted EBITDA Increased 8.4% to $300 million or 15.2% of Net Sales

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sealed Air Corporation announced financial results for the third quarter 2014. Third quarter 2014 net sales of $2.0 billion increased 3.4% on a reported basis and 3.6% on a constant dollar basis. Favorable product price/mix was 3.1% and volume increased 0.5%. Adjusted EBITDA for the third quarter 2014 increased 8.4% to $300 million, or 15.2% of net sales. This compares to third quarter 2013 of $277 million, or 14.5% of net sales. The 70 basis point improvement in Adjusted EBITDA margin in the...

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