Sealed Air(SEE)
Search documents
Sealed Air(SEE) - 2022 Q3 - Earnings Call Presentation
2022-11-01 17:01
Liquibox Acquisition - SEE will acquire 100% ownership of Liquibox, which is forecasted to have $362 million in revenues and $85 million in Adjusted EBITDA for 2022[19] - The purchase price is $115 billion, resulting in an EV/Adj 2022E EBITDA multiple of 135x, which reduces to 10x after considering cost synergies[19] - The acquisition is expected to generate approximately $30 million in annual run-rate cost synergies, representing 8% of Liquibox's revenues[19] - The acquisition is forecasted to reduce the EV/Adj EBITDA purchase multiple by 5x by Year 3 through organic growth and cost synergies and is expected to be accretive to Adjusted EPS by Year 1, excluding Purchase Accounting[19] - The combined Fluids & Liquids sales are expected to be approximately $600 million[17] Q3 2022 Financial Performance - Net sales were $14 billion, flat as reported but up 5% in constant currency[34, 36] - Adjusted EBITDA was $293 million, up 8% as reported and 12% in constant currency, with a margin of 209%, up 170 bps[34, 36, 44] - Adjusted EPS was $098, up 14% as reported and 19% in constant currency[34, 36] - Free cash flow was $137 million, with capital expenditures up 19% compared to Q3 2021's $223 million[34, 35] 2022 Outlook - Sales are projected to be between $565 billion and $575 billion, with organic growth up 7% to 9%, but impacted by a foreign exchange impact of approximately (4%) and a net acquisition/divestiture impact of approximately ($35 million)[60] - Adjusted EBITDA is expected to be between $121 billion and $123 billion, up 7% to 9%, with a margin of approximately 21%, but impacted by a foreign exchange impact of approximately (4%)[61]
Sealed Air(SEE) - 2022 Q2 - Quarterly Report
2022-08-03 17:47
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See def ...
Sealed Air(SEE) - 2022 Q2 - Earnings Call Transcript
2022-08-03 04:19
Sealed Air Corporation (NYSE:SEE) Q2 2022 Results Conference Call August 2, 2022 10:00 AM ET Company Participants Brian Sullivan - Investor Relations Edward Doheny - Chief Executive Officer Chris Stephens - Chief Financial Officer Conference Call Participants Lawrence De Maria - William Blair Philip Ng - Jefferies Adam Samuelson - Goldman Sachs Anthony Pettinari - Citigroup George Staphos - Bank of America Adam Josephson - KeyBanc Angel Castillo - Morgan Stanley Kieran De Brun - Mizuho Operator Good day and ...
Sealed Air(SEE) - 2022 Q2 - Earnings Call Presentation
2022-08-02 16:12
2022 Second Quarter Earnings SEE Sustainable Packaging Journey Ted Doheny, President & CEO Chris Stephens, SVP & CFO Brian Sullivan, Executive Director Assistant Treasurer & Investor Relations August 2, 2022 Conference Call Supplement (Unaudited Results) Safe Harbor and Regulation G Statement Forward-looking Statements This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than sta ...
Sealed Air (SEE) presents at Goldman Sachs Industrials and Materials Conference - Slideshow
2022-05-10 15:40
Industrials & Materials Conference SEE Investor Overview Automation, Digital and Sustainability Packaging Solutions New York City – May 10, 2022 Ted Doheny, President and CEO Emile Chammas, SVP & COO Mickael Msica, VP FP&A and Supply Chain Finance Louise Lagache Investor Relations | louise.lagache@sealedair.com Safe Harbor and Regulation G Statement Forward-looking Statements This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Li ...
Sealed Air(SEE) - 2022 Q1 - Quarterly Report
2022-05-05 16:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or For the transition period from to Commission File Number: 1-12139 SEALED AIR CORPORATION (Exact name of registrant as specified in its charter) | Delaware | 65-0654331 | | --- | --- | | (St ...
Sealed Air(SEE) - 2022 Q1 - Earnings Call Transcript
2022-05-03 18:55
Sealed Air Corporation (NYSE:SEE) Q1 2022 Results Conference Call May 3, 2022 10:00 AM ET Company Participants Louise Lagache - Investor Relations Ted Doheny - Chief Executive Officer Chris Stephens - Chief Financial Officer Conference Call Participants George Staphos - Bank of America Adam Samuelson - Goldman Sachs Adam Josephson - KeyBanc Larry De Maria - William Blair Ghansham Panjabi - Baird Mike Roxland - Truist Securities Anthony Pettinari - Citigroup Kieran De Brun - Mizuho Lucas Beaumont - UBS Arun ...
Sealed Air (SEE) Presents At J.P. Morgan 2022 Industrials Conference
2022-03-23 18:16
Industrials Conference SEE Investor Overview – March, 15 2022 Ted Doheny, President and CEO Lori Chaitman, VP Investor Relations Lori.Chaitman@SealedAir.com Bobby Grau, Sr Manager Investor Relations Bobby.Grau@SealedAir.com Safe Harbor and Regulation G Statement Forward-looking Statements This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts inc ...
Sealed Air(SEE) - 2021 Q4 - Annual Report
2022-02-22 17:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12139 SEALED AIR CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...
Sealed Air(SEE) - 2021 Q4 - Earnings Call Transcript
2022-02-17 21:18
Sealed Air Corporation (NYSE:SEE) Q4 2021 Earnings Conference Call February 17, 2022 10:00 AM ET Company Participants Lori Chaitman - Vice President, Investor Relations Ted Doheny - Chief Executive Officer Chris Stephens - Chief Financial Officer Conference Call Participants Bryan Brokmeier - Citi Larry De Maria - William Blair Angel Castillo - Morgan Stanley Ghansham Panjabi - Baird Josh Spector - UBS Arun Viswanathan - RBC Capital Adam Josephson - KeyBanc Anojja Shah - BMO Capital Markets Adam Samuelson - ...