Welcome to our dedicated page for Sealed Air Cp news (Ticker: SEE), a resource for investors and traders seeking the latest updates and insights on Sealed Air Cp 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 Corporation (NYSE: SEE) will release its second quarter 2021 results on August 3, 2021, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The call will feature President and CEO Ted Doheny and CFO Chris Stephens, available via webcast on the company's investor page. Sealed Air, known for brands like CRYOVAC® and BUBBLE WRAP®, aims to create a sustainable future through its packaging solutions, with commitments to 100% recyclable or reusable packaging by 2025 and net-zero carbon emissions by 2040.
Sealed Air Corporation (NYSE: SEE) is investing over $30 million to expand its global production capacity for Automated Packaging Systems (APS) AUTOBAG® solutions. This initiative includes enhancements at facilities in Ohio, West Virginia, the UK, Philippines, and China, with completion expected in 2021. The company aims to double AUTOBAG® equipment sales in three years, driven by increased e-commerce demand. Additionally, about 80 new jobs will be created to support the expansion, enhancing operational efficiency and safety for various sectors.
Sealed Air Corporation (NYSE: SEE) has announced a 25% increase in its quarterly cash dividend, raising it from $0.16 to $0.20 per common share. The new dividend will be payable on June 18, 2021, to shareholders recorded by June 4, 2021. CEO Ted Doheny stated that the decision reflects the company's confidence in its operational framework, which drives growth and strong cash generation. Sealed Air aims to maintain a balanced approach to returning capital to shareholders while investing in automation, digitalization, and sustainability initiatives.
Sealed Air Corporation (NYSE: SEE) is set to participate in the Goldman Sachs Virtual 2021 Industrials & Materials Conference on May 12, 2021. During the event, CEO Ted Doheny and CFO Chris Stephens will discuss the Company’s growth strategy focusing on automation, digital solutions, and sustainability efforts. Sealed Air aims for 100% of its packaging materials to be recyclable or reusable by 2025 and seeks net-zero carbon emissions by 2040. In 2020, Sealed Air generated $4.9 billion in sales and employs approximately 16,500 people worldwide.
Sealed Air Corporation (NYSE: SEE) reported Q1 2021 financial results showing an 8% increase in net sales to $1.3 billion, driven by strong performance in eCommerce and food retail. Adjusted EBITDA rose 6% to $268 million. Despite raw material inflation and supply chain disruptions, the company raised its full-year outlook, projecting net sales of $5.25 billion to $5.35 billion. Net earnings decreased to $106 million from $115 million year-over-year, while adjusted EPS increased to $0.78. The firm remains focused on automation and sustainability in packaging.
Sealed Air Corporation (NYSE: SEE) will announce its Q1 2021 results on May 4, 2021, at 7:00 a.m. ET. A conference call hosted by President and CEO Ted Doheny and CFO Chris Stephens will occur at 10:00 a.m. ET, available via webcast on their Investors homepage. Sealed Air focuses on innovative packaging solutions, generating $4.9 billion in sales in 2020 and serving customers in 117 countries. The company is dedicated to addressing critical packaging challenges and enhancing the global food supply chain.
Sealed Air Corporation (NYSE: SEE) will participate in several investor events to discuss its Reinvent SEE business transformation, focusing on automation, digital solutions, and sustainability. Events include the J.P. Morgan Global High Yield Conference on March 2, the Bank of America Global Agriculture Conference on March 4, and the J.P. Morgan Industrials Conference on March 15, 2021. These presentations aim to provide insights into the company's growth strategies. Sealed Air reported $4.9 billion in sales in 2020 and operates in 117 countries.
Sealed Air Corporation (NYSE: SEE) will present at the Citi 2021 Global Industrials Virtual Conference on February 16, 2021, at 10:30 a.m. ET. The executive team, including President and CEO Ted Doheny and CFO Designate Chris Stephens, will discuss the company’s Reinvent SEE transformation strategy, emphasizing automation, digital, and sustainability. Sealed Air aims to protect and improve global packaging challenges through brands like CRYOVAC, SEALED AIR, and BUBBLE WRAP. The event will be available live on their investors page.
Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.16 per common share, payable on March 19, 2021 to stockholders of record as of March 5, 2021. In 2020, the company generated $4.9 billion in sales and employs around 16,500 people across 115 countries. Sealed Air focuses on sustainable packaging solutions to enhance the efficiency of the global food supply chain and provide innovative packaging systems.
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