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Notes 2015 adjusted EBITDA of $1.17 billion or 16.7% of net sales; free cash flow of $595 million.
February 10, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sealed Air Corporation announced financial results for fourth quarter and full year 2015. Fourth quarter 2015 net sales of $1.75 billion decreased 11.1% on an as reported basis and 1.5% on a constant dollar basis. For the full year 2015, net sales totaled $7.0 billion, a decrease of 9.3% as reported and 0.6% in constant dollars. Currency had a negative impact on net sales of $190 million in the fourth quarter and $764 million in 2015. Food Care related divestitures also had a negative impact...
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