Company News, Financial News

Sealed Air Releases 4Q, YE Performance

Full year sales drop for entire firm, but Diversey Care volume increases 1.2%.

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By: Christine Esposito

Editor-in-Chief

Sealed Air Corporation has released its financial results for fourth quarter and full year 2015, noting that Q4 2015 net sales were $1.75 billion, down 11.1% on an as reported basis and 1.5% on a constant dollar basis. For the full year 2015, net sales totaled $7.0 billion, a decrease of 9.3% as reported and 0.6% in constant dollars. Currency had a negative impact on net sales of $190 million in the fourth quarter and $764 million in 2015.   “This is the third consecutive year where we execute...

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