Sealed Air Corporation (SEE) Q3 2024 Earnings Call Transcript Summary
Sealed Air Corporation (SEE) Q3 2024 Earnings Call Transcript Summary
Food business net sales were $898 million, up approximately 1%, driven by positive volume growth across all regions counteracting lower pricing primarily in Americas and EMEA.The following is a summary of the Sealed Air Corporation (SEE) Q3 2024 Earnings Call Transcript:
以下是希悅爾公司(SEE) 2024年第三季度業績會簡報：
Financial Performance:
財務表現:
Sealed Air reported Q3 2024 sales of $1.35 billion and adjusted EBITDA of $276 million, each down 3% compared to last year.
Adjusted earnings per share for the quarter was $0.79, up 3% year-over-year.
Food business net sales were $898 million, up approximately 1%, driven by positive volume growth across all regions counteracting lower pricing primarily in Americas and EMEA.
The Protective segment saw net sales of $447 million, a decrease of 8%, impacted by subdued manufacturing activities and reduced volumes.
希悅爾報告2024年第三季度銷售額爲$13.5億，調整後的EBITDA爲$27600萬，與去年相比均下降了3%。
本季度調整後的每股收益爲$0.79，同比增長3%。
食品業務淨銷售額爲$89800萬，增長約1%，由於所有地區的成交量增長彌補了美洲和歐洲、中東、非洲地區主要的價格下降。
防護板塊的淨銷售額爲$44700萬，下降了8%，受制於製造業活動不振和成交量減少的影響。
Business Progress:
業務進展：
Introduced structural changes by reorganizing into two verticals: Food and Protective, to enhance operational effectiveness and market adaptability.
New leadership appointments supporting verticals, with aims to drive growth and improve commercial execution.
Engaged in significant talent acquisition and board enhancements to bolster management and drive transformation.
Implemented 'cost out' initiatives and network optimization to refine operations.
Secured strategic partnerships focusing on sustainable solutions, like the collaboration with Best Buy for high recycled content and fiber-based packaging products.
通過重新劃分爲兩個垂直領域——食品和防護，引入結構變革以增強運營效率和市場適應能力。
通過任命新領導支持各分立業務，旨在推動增長並改善商業執行。
積極參與重要人才招聘和董事會改進，以增強管理層並推動轉型。
實施「成本優化」倡議和網絡優化，以完善運營。
與百思買等企業達成戰略合作，專注於可持續解決方案，如高回收率和基於纖維的包裝產品。
Opportunities:
機會：
Above-market performance in the Food segment driven by commercial excellence and new product launches.
Strategic positioning of portfolio to align more closely with market sustainability demands, particularly in the Protective segment.
Plans to drive further growth leveraging the reorganized verticals for more focused market and product development.
食品業務表現超越市場，得益於商業卓越和新產品推出。
戰略調整組合，更密切地與市場可持續需求對齊，尤其是在保護性行業。
計劃利用重組的各分立業務推動進一步增長，實現更專注的市場和產品發展。
Risks:
風險：
The Protective segment is expected to continue facing volume and price pressures amid ongoing market challenges.
Hurricane Helene's impact on infrastructure, affecting operations and employee safety in certain locations, though swiftly managed to minimize customer impact.
在持續的市場挑戰中，預計保護部門將繼續面臨成交量和價格壓力。
颶風海倫對基礎設施的影響，影響了在某些地點的運營和員工安全，儘管迅速進行管理以最小化客戶影響。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
