Industry News, Printers News

Sealed Air Reports 4Q, Full Year 2014 Results

For the full year 2014, net sales totaled $7.8 billion, a reported increase of 0.8%

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sealed Air Corporation announced financial results for fourth quarter and full year 2014.   Fourth quarter 2014 net sales of $2.0 billion decreased 1.9% on a reported basis and increased 3.3% in constant currency. For the full year 2014, net sales totaled $7.8 billion, a reported increase of 0.8% and 3.2% in constant currency. Favorable product price/mix was 3.0% in the quarter and 3.2% in 2014 on flat volume.   Adjusted EBITDA for the fourth quarter 2014 was $282 million, or 14.3% of net sa...

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