Sealed Air Corp (N:SEE)

Business Focus: Non-Paper Containers & Packaging

Sector:  Basic Materials Industry:  Non-Paper Containers & Packaging
 
See Regulatory Filings on SEC
Company Contact
Address: 2415 Cascade Pointe Boulevard
CHARLOTTE NC 28208
Tel: 1-704-4938752
Website: https://sealedair.com
IR: See website
<
Key People
Emile Z. Chammas
Interim Co-President and Co-Chief Executive Officer 		Dustin J. Semach
Interim Co-President and Co-Chief Executive Officer 		Alessandra Faccin Assis
President - Asia Pacific
Tobias Grasso
President - Americas 		Gerd Wichmann
President - Europe, Middle East and Africa 		Jannick Thomsen
Vice President, Chief People and Digital Officer
Veronika Johnson
Chief Accounting Officer, Controller 		Angel Shelton Willis
Vice President, General Counsel, Secretary 		Shuxian Yang
Vice President, Treasurer, SEE Automation Finance Leader
Business Overview
Sealed Air Corporation is a provider of packaging solutions integrating performance materials, automation, equipment and services. The Company designs, manufactures and delivers packaging solutions that preserve food, protect good and automate packaging processes. The Company operates through two segments: Food, and Protective. The portfolio of packaging solutions includes CRYOVAC brand for food packaging, LIQUIBOX for fluids and liquids systems, SEE brand for protective packaging, AUTOBAG brand for automated systems, BUBBLE WRAP brand for packaging. The Company delivers its packaging solutions to an array of end markets including fresh proteins, foods, fluids, medical and healthcare, e-commerce, logistics and omnichannel fulfilment operations, and industrials. Food solutions are sold to food processors in fresh red meat, smoked and processed meats, poultry, seafood, plant-based protein, fluids and liquids and cheese markets worldwide.
Financial Overview
For the fiscal year ended 31 December 2023, Sealed Air Corp revenues decreased 3% to $5.49B. Net income before extraordinary items decreased 31% to $339.3M. Revenues reflect Protective segment decrease of 15% to $1.97B, United States segment decrease of 5% to $2.91B, EMEA segment decrease of 1% to $1.15B. Net income also reflects Other Interest Expense increase of 63% to $288.8M (expense).
Employees: 17,000 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $8,928M as of Dec 31, 2023
Annual revenue (TTM): $5,489M as of Dec 31, 2023
EBITDA (TTM): $1,115M as of Dec 31, 2023
Net annual income (TTM): $339.30M as of Dec 31, 2023
Free cash flow (TTM): $154.10M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4,344M as of Dec 31, 2023
Shares outstanding: 145,607,340 as of Mar 25, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More