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By: TOM BRANNA
January 4, 2016
Sealed Air reported that Diversey Care’s net sales decreased 8.9% to $502 million in the third quarter. However, volume increased 2.5% and favorable price/mix was 1.4%. In the third quarter, Diversey’s sales rose 2.7% to $1.75 billion. “We are pleased with our third quarter results in light of currency headwinds and ongoing global economic uncertainties, particularly in emerging markets,” said president and CEO Jerome A. Peribere. For the full year, Sealed Air is estimating corporate net sales of approximately $7.0 billion.
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