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Sealed Air Reports Q3 Sales

Diversey Care unit see volumes rise but currency impacts numbers.

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By: Christine Esposito

Editor-in-Chief

Sealed Air has reported that Diversey Care’s net sales decreased 8.9% as reported (and increased 3.9% on a constant dollar basis) to $502 million in the third quarter. Currency had a negative impact on net sales of 12.8%, the firm said. Volume increased 2.5% and favorable price/mix was 1.4%. Diversey Care’s adjusted EBITDA was $66 million or 13.2% of net sales.   In the third quarter, on an organic basis, Diversey’s company wide net sales were $1.75 billion, an increase of 2.7%.    “We are pleas...

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