SEE Reports Q1 2022 Results

*Net sales of $1.4 billion, up 12% as reported; up 15% constant currency
*Net earnings of $150 million, up 41%; EPS of $1.00, up 47%
*Adjusted EBITDA of $327 million, up 22%; Adjusted EPS of $1.12, up 43%
*Cash flow from operations of $48 million, down 39%
*Accelerating growth investments, CapEx of $67 million, up 53%, in 2022

SEE (NYSE: SEE) today announced financial results for Q1 2022.

“Our SEE Operating Engine delivered strong Q1 performance as we accelerate our transformation to a world-class, digitally driven company automating sustainable packaging solutions.

We are proud of our people and their determination to overcome extreme inflationary pressures and widespread supply challenges while delivering exceptional results,” said Ted Doheny, SEE’s President and CEO.

“We recently launched our new Digital Packaging Solutions brand prismiq™ to create game-changing value for our customers powered by our breakthrough digital printing technology,” continued Doheny.
details at: https://ir.sealedair.com/news-releases/news-release-details/see-reports-q1-2022-results

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