Sealed Air (SEE) Tops Q4 EPS by 1c, Offers Guidance
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SEE Reports Q4, Full Year 2022 Results and Provides 2023 Outlook
February 9, 2023 7:00 AM ESTCompletes Liquibox Acquisition and Launches Reinvent SEE 2.0
Net sales in Q4 of $1.4 billion, down 8% as reported; down 4% constant currency and in 2022 of $5.6 billion, up 2% as reported; up 6% constant currency Net earnings in Q4 of $95 million, down 44% and in 2022 of $491 million, essentially flat Adjusted EBITDA in Q4 of $297 million, down 10% as reported; down 7% constant currency and in 2022 of $1,210 million, up 7% as reported; up 10% constant currency Earnings per share (Diluted) in Q4 of $0.65, down 42% and in 2022 of $3.33, up... More