Sealed Air (SEE) Tops Q1 EPS by 12c; Issues Mixed Outlook

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Sealed Air Reports First Quarter 2015 Results

April 30, 2015 7:00 AM EDT

Increased Q1 2015 Adjusted EBITDA by 13.4% to $284 Million or 16.3% of Net Sales Q1 2015 Adjusted EPS of $0.54 Increased 64%; Reported EPS of $0.46

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) today announced financial results for first quarter 2015. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, Our first quarter 2015 performance was a strong start to the year despite currency headwinds. Net Sales of $1.7 billion were up 3.5% on a constant dollar basis as compared to last year with positive sales across... More