Sealed Air (SEE) Tops Q1 EPS by 18c

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Go back to Sealed Air (SEE) Tops Q1 EPS by 18c

SEE Reports Q1 2022 Results

May 3, 2022 7:00 AM EDT

Leading in Packaging Solutions with SEE Automation, Digital, and Sustainability

Net sales of $1.4 billion, up 12% as reported; up 15% constant currency
Net earnings of $150 million, up 41%; EPS of $1.00, up 47%
Adjusted EBITDA of $327 million, up 22%; Adjusted EPS of $1.12, up 43%
Cash flow from operations of $48 million, down 39%
Accelerating growth investments, CapEx of $67 million, up 53%, in 2022

CHARLOTTE, N.C.--(BUSINESS WIRE)-- SEE (NYSE: SEE) today announced financial results for Q1 2022.

Our SEE Operating Engine delivered strong Q1 performance... More