Welcome to our dedicated page for Sealed Air news (Ticker: SEE), a resource for investors and traders seeking the latest updates and insights on Sealed Air stock.
Sealed Air Corporation (NYSE: SEE) is a global leader in packaging solutions, committed to creating a world that feels, tastes, and works better through innovation and sustainability. In 2023, the company generated $5.5 billion in sales, supported by approximately 17,000 employees serving customers in 115 countries.
Sealed Air’s operations are segmented into two main categories: Food Care and Product Care. The Food Care division offers food packaging products under brands like Cryovac®, Darfresh®, and OptiDure™, primarily targeting meat products. The Product Care division includes iconic brands such as Bubble Wrap®, Instapak®, Jiffy® mailers, and shrink film packaging systems designed for industrial and e-commerce applications.
The company’s portfolio of renowned brands ensures a safer, less wasteful food supply chain, protects valuable goods during global shipments, and enhances health through improved hygiene solutions. In recent years, Sealed Air has made significant strides in sustainability, achieving net sales of $1.33 billion in Q1 2024, and focusing on eco-friendly initiatives through the SEE Impact Report 2022.
Sealed Air is dedicated to sustainability, integrating automation, digital, and sustainable packaging solutions to help customers achieve their environmental goals. It pursues scalable solutions to promote circularity, prevent waste, and reduce reliance on natural resources. Collaborations and innovative technologies keep Sealed Air at the forefront of the packaging industry, ensuring high performance and sustainable growth.
For more information, visit www.sealedair.com.
Sealed Air (NYSE: SEE) will participate in the Goldman Sachs Industrials and Materials Conference on August 9, 2022, at 8:00 a.m. ET, featuring executives Chris Stephens and Emile Chammas. The company aims to discuss its growth strategy focusing on automation, digital transformation, and sustainability through its SEE Operating Engine. The firm generated $5.5 billion in sales in 2021 and is recognized for brands such as CRYOVAC® and BUBBLE WRAP®. Sealed Air is committed to achieving 100% recyclable or reusable packaging by 2025 and net-zero carbon emissions by 2040.
SEE reported Q2 2022 net sales of $1.4 billion, reflecting a 7% increase year-over-year, and an 11% increase on a constant currency basis. Net earnings rose 5% to $114 million, while Adjusted EBITDA grew 12% to $293 million. The company experienced a 20.7% Adjusted EBITDA margin. Challenges included inflation and supply chain disruptions. SEE expects full-year 2022 net sales between $5.85 billion and $6.05 billion, with Adjusted EPS projected at $4.05 to $4.20.
Sealed Air (NYSE: SEE) has launched a new BUBBLE WRAP® brand paper bubble mailer, designed to be recyclable in curbside bins. This product aims to meet the demand for efficient and sustainable shipping solutions as more customers shift to direct-to-consumer shipping. The mailer features inner padding resembling traditional BUBBLE WRAP® cushioning while being lighter and smaller than conventional boxes, which can lower shipping costs. It will initially be available in North America, with a global rollout planned for early 2023.
SEE (NYSE: SEE) has appointed Kevin Berryman to its Board of Directors, where he will serve on the Audit Committee. Berryman is currently the President and CFO at Jacobs and brings extensive experience from roles at International Flavors & Fragrances and Nestlé. His expertise in consumer-packaged goods is expected to support SEE's transformation and customer engagement initiatives. The company reported sales of $5.5 billion in 2021 and is committed to sustainable packaging solutions.
Sealed Air Corporation (NYSE: SEE) will release its second quarter 2022 results on August 2, 2022, at 7:00 a.m. (ET). A conference call and webcast will follow at 10:00 a.m. (ET), hosted by President and CEO Ted Doheny and SVP and CFO Chris Stephens. Sealed Air specializes in innovative packaging solutions to enhance global food supply chains and reduce waste. The company generated $5.5 billion in sales in 2021 and employs approximately 16,500 people across 114 countries. For more details, visit Sealed Air’s Investor Homepage.
Sealed Air (NYSE: SEE) is set to participate in the Mizuho Non-Deal Roadshow on July 22, 2022, in Tokyo, Japan. CEO Ted Doheny and his leadership team will present SEE's strategy focusing on digital transformation and sustainable packaging solutions, particularly in the Asia Pacific region. The presentation aims to illustrate the company's commitment to automation and sustainability, building on its 2021 sales achievement of $5.5 billion. The support presentation will be available on their investor homepage.
Digimarc Corporation (Nasdaq: DMRC) has partnered with Sealed Air (NYSE: SEE) to enhance product digitization at scale in various markets, including food proteins and consumer goods. This collaboration aims to improve authenticity, sustainability, and consumer experience through smart packaging. Over 70% of consumers prioritize product authenticity, highlighting the demand for transparency and ethical production. Together, the companies will leverage Sealed Air's new prismiq™ digital packaging solutions and Digimarc's digitization platform to deliver comprehensive solutions for brands.
Sealed Air Corporation (NYSE: SEE) will present at William Blair's 42nd Annual Growth Stock Conference on June 8, 2022, in Chicago, IL. CEO Ted Doheny, CFO Chris Stephens, and Treasurer Susan Yang will discuss the company’s growth strategy focused on automation, digital transformation, and sustainability. Sealed Air aims to enhance its operational efficiency through its SEE Operating Engine. The presentation will be available for live streaming on the company's investor homepage, showcasing its commitment to innovation in packaging solutions.
SEE (NYSE: SEE) appoints Henry R. Keizer as the new Chair of its Board of Directors, succeeding Jerry R. Whitaker, who remains a Board member. Keizer brings over 35 years of experience from KPMG and has been with SEE's Board since 2017. The leadership change comes as SEE aims to enhance its transformation into a world-class, digitally driven company focusing on sustainable packaging solutions. The company reported $5.5 billion in sales in 2021 and has approximately 16,500 employees serving customers in 114 countries.
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