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 Blvd
CHARLOTTE NC 28208-6899
Tel: 1-201-7034161
Website: https://sealedair.com
IR: See website
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Key People
Jerry R. Whitaker
Independent Chairman of the Board
Edward L. Doheny
President, Chief Executive Officer, Director
James M. Sullivan
Chief Financial Officer
Emile Z. Chammas
Senior Vice President, Chief Supply Chain Officer
Kenneth P. Chrisman
Senior Vice President, President Product Care
Karl R. Deily
Senior Vice President, President Food Care
Michael A. Leon
Chief Accounting Officer, Controller
Angel Willis
Vice President, General Counsel, Secretary
 
Business Overview
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company's segments are Food Care (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. The Food Care segment focuses on providing a range of integrated system solutions. The Food Care business serves primarily perishable food and beverage processors, predominately in fresh red meat, smoked and processed meats, beverages, poultry and dairy (solids and liquids) markets throughout the world. The Product Care segment provides customers with a range of Product Care solutions to meet cushioning, void fill, surface protection, retail display, containment and dunnage needs.
Financial Overview
For the fiscal year ended 31 December 2019, Sealed Air Corp revenues increased 1% to $4.79B. Net income applicable to common stockholders excluding extraordinary items decreased 36% to $237.8M. Revenues reflect Product Care segment increase of 5% to $1.91B, North America segment increase of 11% to $2.83B. Net income was offset by Selling, general and administrative expe increase of 17% to $915.5M (expense).
Employees: 16,500 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $7,318M as of Dec 31, 2019
Annual revenue (TTM): $4,791M as of Dec 31, 2019
EBITDA (TTM): $816.90M as of Dec 31, 2019
Net annual income (TTM): $237.00M as of Dec 31, 2019
Free cash flow (TTM): $222.30M as of Dec 31, 2019
Net Debt Last Fiscal Year: $3,552M as of Dec 31, 2019
Shares outstanding: 154,670,740 as of Feb 21, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization