Sealed Air to Hold Conference Call to Discuss Second Quarter 2017 Results
July 12 2017 - 4:30PM
Business Wire
Sealed Air Corporation (NYSE:SEE) announced today that it will
release its second quarter 2017 results at approximately 7:00 a.m.
(ET) on Tuesday, August 8, 2017 and will host a conference call and
webcast later that morning at 10:00 a.m. (ET).
On March 27, 2017, Sealed Air announced it had entered into a
definitive agreement to sell Diversey to Bain Capital Private
Equity, a leading global private investment firm, for approximately
$3.2 billion. The results of operations for Diversey will be
reported as discontinued operations. Diversey refers to the
Diversey Care and food hygiene and cleaning business.
Jerome A. Peribere, President and Chief Executive Officer, and
Carol P. Lowe, Senior Vice President and Chief Financial Officer
will conduct the investor conference call. The conference call will
be webcast live on the Investor Relations home page
at www.sealedair.com/investors. A replay of the webcast will
also be available thereafter.
Investors who cannot access the webcast may listen to the
conference call live via telephone by dialing (855) 472-5411
(domestic) or (330) 863-3389 (international) and using the
participant code 51400170. Telephonic replay of the webcast will be
available starting at 1:00 p.m. (ET) on Tuesday, August 8, 2017 and
end on Thursday, September 7, 2017 at 1:00 p.m. (ET). To listen to
the replay, please dial (855) 859-2056 (domestic) or (404) 537-3406
(international) and use the confirmation code 51400170.
Business
Sealed Air Corporation creates a world that feels, tastes and
works better. In 2016, the Company generated revenue of
approximately $6.8 billion by helping our customers achieve their
sustainability goals in the face of today’s biggest social and
environmental challenges. Our portfolio of widely recognized
brands, including Cryovac® brand food packaging solutions,
Bubble Wrap® brand cushioning and Diversey® cleaning and
hygiene solutions, enables a safer and less wasteful food supply
chain, protects valuable goods shipped around the world, and
improves health through clean environments. Sealed Air has
approximately 23,000 employees who serve customers in 171
countries. To learn more, visit www.sealedair.com.
Website Information
We routinely post important information for investors on our
website, www.sealedair.com, in the "Investor Relations"
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 Investor Relations 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 and results of operations. 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 “anticipates,” “believes,”
“plan,” “assumes,” “could,” “should,” “estimates,” “expects,”
“intends,” “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, 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: the tax benefits associated with the Settlement
agreement (as defined in our 2016 Annual Report on Form 10-K),
global economic and political conditions, changes in our credit
ratings, changes in raw material pricing and availability, changes
in energy costs, competitive conditions, the success of the sale of
the Diversey Care division and related food hygiene and cleaning
business, the success of our restructuring activities, currency
translation and devaluation effects, the success of our financial
growth, profitability, cash generation and manufacturing strategies
and our cost reduction and productivity efforts, the success of new
product offerings, the effects of animal and food-related health
issues, pandemics, consumer preferences, environmental matters,
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 statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170712006235/en/
Sealed Air CorporationInvestors:Lori Chaitman,
704-503-8841orMedia:Ken Aurichio, 201-703-4164
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