STOCK TITAN

SEE Upcoming Event with the Financial Community New York City Accelerating to High Quality Growth Company

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Sealed Air (NYSE: SEE) announced participation in the BMO Non-Deal Roadshow on February 15, 2023, in New York City. Key executives, including Ted Doheny, President & CEO, will discuss the company's advancements in automation, digital, and sustainability packaging solutions. SEE aims to evolve into a high-quality growth company, highlighted by the launch of Reinvent 2.0 and the acquisition of Liquibox. In 2022, SEE generated $5.6 billion in sales and has approximately 16,300 employees across 120 countries. The company is committed to sustainable practices with a pledge for 100% recyclable packaging by 2025.

Positive
  • Participation in BMO Non-Deal Roadshow on February 15, 2023, demonstrates proactive investor engagement.
  • Launch of Reinvent 2.0 and acquisition of Liquibox support growth strategy.
  • Generated $5.6 billion in sales in 2022 highlights strong market presence.
  • Commitment to 100% recyclable packaging by 2025 enhances sustainability profile.
Negative
  • Integration challenges and costs associated with the Liquibox acquisition may affect short-term performance.
  • Global economic conditions and inflationary pressures present risks to operational stability.
  • Expected synergies from Liquibox acquisition may take longer to materialize than anticipated.

Automation, Digital and Sustainability Packaging Solutions

CHARLOTTE, N.C.--(BUSINESS WIRE)-- SEE (Sealed Air NYSE: SEE) will participate in the following event:

BMO Non-Deal Roadshow February 15, 2023, New York City
Ted Doheny, President & CEO
Susan Yang, VP SEE Automation Finance Leader & Treasurer
Joel Tiss, Director of Investor Acquisition

Ted Doheny, President & CEO, Susan Yang, VP SEE Automation Finance Leader & Treasurer and Joel Tiss, Director of Investor Acquisition will share how SEE is becoming a world-class company partnering with customers on automation, digital and sustainability packaging solutions. They will discuss how SEE is accelerating to a high-quality growth company, the launch of Reinvent 2.0 and the recent acquisition of Liquibox.

About SEE
Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food, fluids and liquids supply chain, enable e-commerce, and protect goods in transit from damage.

Our globally recognized solution brands include CRYOVAC® food packaging, LIQUIBOX fluids and liquids systems, SEALED AIR® protective packaging, AUTOBAG® automated packaging systems, BUBBLE WRAP® packaging, SEE Automation and prismiq Digital packaging and printing.

Our partnership with customers creates value through sustainable, automated, and digital packaging solutions, leveraging our industry-leading expertise in materials, automation systems, engineering and technology.

Our SEE Net Positive Circular Ecosystem is leading the packaging industry in creating a more environmentally, socially, and economically sustainable future. We have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and caring, inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.

SEE generated $5.6 billion in sales in 2022 and has approximately 16,300 employees (not including Liquibox employees) who serve customers in 120 countries/territories. To learn more, visit sealedair.com.

Website Information
We routinely post important information for investors on our website, sealedair.com, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition, results of operations and cash flows. Forward-looking statements are subject to risks and uncertainties, many of which are outside our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by such words as “anticipate,” “believe,” “plan,” “assume,” “could,” “should,” “estimate,” “expect,” “intend,” “potential,” “seek,” “predict,” “may,” “will” and similar references to future periods. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding expected future operating results, expectations regarding the results of restructuring and other programs, expectations regarding future impacts resulting from the Liquibox acquisition, anticipated levels of capital expenditures and expectations of the effect on our financial condition of claims, litigation, environmental costs, contingent liabilities and governmental and regulatory investigations and proceedings.

The following are important factors that we believe could cause actual results to differ materially from those in our forward-looking statements: global economic and political conditions, including recessionary and inflationary pressures, currency translation and devaluation effects, changes in raw material pricing and availability, competitive conditions, the success of new product offerings, failure to realize synergies and other financial benefits from the acquisition of Liquibox within the expected time frames, greater than expected costs or difficulties related to the integration of Liquibox, consumer preferences, the effects of animal and food-related health issues, the effects of epidemics or pandemics, including the Coronavirus Disease 2019, negative impacts related to the ongoing conflicts between Russia and Ukraine and related sanctions, export restrictions and other counteractions thereto, changes in energy costs, environmental matters, the success of our restructuring activities, the success of our merger, acquisition and equity investment strategies, the success of our financial growth, profitability, cash generation and manufacturing strategies and our cost reduction and productivity efforts, changes in our credit ratings, the tax benefit associated with the Settlement agreement (as defined in our 2021 Annual Report on Form 10-K), regulatory actions and legal matters and the other information referenced in the “Risk Factors” section appearing in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and as revised and updated by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement made by us is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investors

Brian Sullivan

Brian.c.sullivan@sealedair.com

704.503.8841

Media

Christina Griffin

Christina.griffin@sealedair.com

704.430.5742

Source: SEE

FAQ

What is Sealed Air's participation in the BMO Non-Deal Roadshow on February 15, 2023?

Sealed Air will discuss its advancements in automation, digital, and sustainability packaging solutions during the BMO Non-Deal Roadshow.

What initiatives is Sealed Air implementing for sustainability?

Sealed Air has pledged to make 100% of its packaging materials recyclable or reusable by 2025.

How much revenue did Sealed Air generate in 2022?

Sealed Air generated $5.6 billion in sales in 2022.

Who are the key executives presenting at the BMO Non-Deal Roadshow?

Key executives include Ted Doheny (President & CEO), Susan Yang (VP SEE Automation Finance Leader), and Joel Tiss (Director of Investor Acquisition).

What is the goal of Reinvent 2.0 launched by Sealed Air?

Reinvent 2.0 aims to position Sealed Air as a high-quality growth company through innovative solutions.

Sealed Air Corp.

NYSE:SEE

SEE Rankings

SEE Latest News

SEE Stock Data

4.89B
143.12M
1.15%
96.95%
3.15%
Packaging & Containers
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
Link
United States of America
CHARLOTTE