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Sealed Air(SEE) - 2024 Q1 - Quarterly Results
2024-05-02 11:11
Exhibit 99.1 SEE Reports Q1 2024 Results Reaffirms 2024 Full Year Outlook Net sales of $1.33 billion, down 1% as reported and constant currency Volumes flat compared to the prior year Net earnings of $83 million, up 33% Adjusted EBITDA of $278 million, up 4% Earnings per share (Diluted) of $0.57, up 30% Adjusted EPS (Diluted) of $0.78, up 5% Cash flow from operations (YTD) of $125 million, up 141% Free cash flow (YTD) of $78 million versus ($13) million in the prior year CHARLOTTE, N.C., May 2, 2024 – SEE ( ...
Sealed Air(SEE) - 2023 Q4 - Earnings Call Transcript
2024-02-27 22:01
Company Participants Brian Sullivan - Executive Director, Investor Relations and Assistant Treasurer Emile Chammas - Interim Co President and Co Chief Executive Officer Chief Operating Officer Dustin Semach - Interim Co President and Co Chief Executive Officer and Chief Financial Officer Phil Ng - Jefferies Jeff Zekauskas - JPMorgan Anthony Pettinari - Citi Matthew Roberts - Raymond James Michael Roxland - Truist Securities Lawrence Maria - William Blair Adam Samuelson - Goldman Sachs Arun Viswanathan - RBC ...
Sealed Air(SEE) - 2023 Q4 - Annual Report
2024-02-27 21:43
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, 2023 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 Delaware 65-0654331 (State or other jurisdiction of incorporation or organization) 2415 Cascade Pointe Boulevard Charlotte North ...
Sealed Air(SEE) - 2023 Q4 - Earnings Call Presentation
2024-02-27 20:45
Q4 & FY 2023 Earnings and 2024 Outlook Emile Chammas Interim Co-CEO, COO Brian Sullivan Executive Director Assistant Treasurer & Investor Relations February 27, 2024 - Conference Call Supplement (Unaudited Results) Safe Harbor and Regulation G Statement Forward-looking Statements Non-U.S. GAAP Financial Measures Website Information - Please visit our website Sealedair.com We routinely post important information for investors on our website, www.sealedair.com, in the "Investors" section. We use this website ...
Sealed Air(SEE) - 2023 Q4 - Annual Results
2024-02-27 12:11
Exhibit 99.1 SEE Reports Q4, Full Year 2023 Results and Provides 2024 Outlook Net sales in Q4 of $1.4 billion, down 2% as reported; flat constant currency and in 2023 of $5.5 billion, down 3% as reported; down 1% constant currency Net earnings in Q4 of $125 million, up 32%, and in 2023 of $339 million, down 31% Adjusted EBITDA in Q4 of $274 million, down 8% as reported and in 2023 of $1,107 million, down 9% as reported Earnings per share (Diluted) in Q4 of $0.86, up 32%, and in 2023 of $2.34, down 30% Adjus ...
Sealed Air(SEE) - 2023 Q3 - Quarterly Report
2023-11-02 20:56
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 September 30, 2023 ☐ 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 | | --- | --- | | ...
Sealed Air(SEE) - 2023 Q3 - Earnings Call Transcript
2023-11-02 17:49
Emile Chammas Yes, thank you. Good morning, everyone. Maybe keying off of that discussion a little bit more, Emile, in the prepared remarks, there was a discussion or a mention of reevaluating some of the automation and solutions offering. And I guess, I think longer term and as a growth driver for the company, automation solutions, digital has been kind of key kind of, say this, drivers of Sealed Air market outgrowth over time. Is that still the intention, but maybe less kind of big whale hunting and more ...
Sealed Air(SEE) - 2023 Q3 - Earnings Call Presentation
2023-11-02 15:23
© 2023 SEE | 17 Food SEE Accelerating High Quality Growth Emile Chammas Interim Co-CEO, COO Safe Harbor and Regulation G Statement Our management uses non-U.S. GAAP financial measures to evaluate the Company's performance, which exclude items we consider unusual or special items. We believe that the use of nonU.S. GAAP measures helps investors to gain a better understanding of core operating results and future prospects, consistent with how management measures and forecasts the Company's performance, especi ...
Sealed Air(SEE) - 2023 Q2 - Quarterly Report
2023-08-08 20:29
PSM for /24 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 June 30, 2023 ☐ 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 (State or othe ...
Sealed Air(SEE) - 2023 Q2 - Earnings Call Transcript
2023-08-08 20:28
Conference Call Participants Brian Sullivan Edward Doheny We will increase the operating leverage and earnings power in the business by further optimizing our supply chain footprint and driving digitally enabled SG&A productivity improvements. Bringing it all together, with our Cost Take-Out to Grow, we are targeting low single-digit growth, fueling our SEE operating engine, which will result in margin expansion in our journey to world class. Despite the softer global protein market, Automation grew double ...