Sealed Air (SEE) Tops Q4 EPS by 6c

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Go back to Sealed Air (SEE) Tops Q4 EPS by 6c

Sealed Air Reports Fourth Quarter and 2019 Results

February 11, 2020 7:00 AM EST

Reinvent SEE Drives 2019 Earnings Growth
Continued Growth Expected in 2020

Net sales increased 3% to $1.3 billion in Q4 and 1% to $4.8 billion in 2019 Q4 net earnings of $124 million or $0.80 per share declined 38%;
2019 net earnings of $294 million or $1.89 per share increased 101%
Adjusted EPS increased 4% to $0.78 in Q4 and 13% to $2.82 in 2019
Adjusted EBITDA increased 9% to $271 million in Q4 and 8% to $965 million in 2019 Net cash provided by operating activities of $511 million increased 19% in 2019
Capital Expenditures of $190 million, up 13%, to support future growth and... More