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Sealed Air Corporation

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Sealed Air’s adjusted earnings per share increased 32% y-o-y to $0.70 in third quarter 2015.  In the fourth quarter, Sealed Air expects adjusted EBITDA in absolute dollars to be down on a year-over-year basis but on an organic basis it will likely increase in the high single-digits. Given year-to-date performance and the fourth-quarter outlook, the company is on track to deliver  strong EBITDA growth and margin expansion for 2015. Adjusted EBITDA is now estimated to be $1.165 billion, and the company increased its adjusted earnings per share guidance to $2.32 from the previous range of $2.24 to $2.28.  Acquisitions, shedding of non-core assets, savings from restructuring actions will also drive growth.

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