Sealed Air: How Its CTO2Grow Program Can Up The Ante!

Sealed Air Corporation delivered a mixed set of results that reflected both progress in its multiyear transformation and continued pressure from global macroeconomic trends. The company reported modest top-line performance, with third quarter sales of USD 1.35 billion increasing slightly on a reported basis but declining marginally in constant currency. Adjusted EBITDA rose mid-single digits, supported by cost controls and productivity gains despite slightly lower volumes and negative net price realization tied to inflation in labor and nondirect materials. Adjusted earnings per share increased due to higher EBITDA and lower interest expense, while free cash flow generation remained seasonally weighted to the fourth quarter. Liquidity stood at USD 1.3 billion, and the company refinanced its revolving credit facility to address upcoming maturities.