Berry Global Group Inc (BERY) 2014年年度报告「NYSE」.pdf

1、2014 ANNUAL REPORTProviding innovative packaging and protection solutionsCONSUMER INNOVATION SAFETY PREMIUMINNOVATIONINNOVATION QUALITY PROFITABILITY EVOLVE CONSUMER SUSTAINABILITY SAFETY DIFFERENTIATIONQUALITY CONSUMER PREFERENCE INNOVATIONBPA FREEDIFFERENTIATION PRODUCTIVITY SUSTAINABILITY CONSUME

2、R PREFERENCESUSTAINABILITYINNOVATIONPROFITABILITY SUSTAINABILITY EVOLVEBPA FREE DIFFERENTIATION PRODUCTIVITYPREMIUM DIFFERENTIATION EVOLVEBPA FREEPRODUCTIVITYCONSUMERINNOVATIONSAFETY PREMIUM INNOVATION CONSUMER PREFERENCE QUALITYQUALITY SUSTAINABILITY DIFFERENTIATIONPROFITABILITY EVOLVEINNOVATION SA

3、FETY DIFFERENTIATIONPROFITABILITY SUSTAINABILITYFINANCIAL HIGHLIGHTSFISCAL YEARS ENDEDSEPTEMBER 27,2014SEPTEMBER 28,2013%INCREASENet Sales$4,958$4,647 7%Adjusted EBITDA 830 790 5%Adjusted Free Cash Flow 302 238 27%NET SALES(IN MILLIONS)ADJUSTED EBITDA(IN MILLIONS)10$4,000$4,200$4,400$4,600$4,800$5,0

4、004%CAGR1113$4,958$4,25714$4,561121011131412$4,766$4,647$614$600$500$700$800$9008%CAGR$830$750$803$790%SHAREHOLDER RETURNS VS THE S&P 500 AND DJ US CONTAINERS&PACKAGING INDEXES-10%Sep 120%10%20%30%40%50%60%70%Dec 12Mar 13Jun 13Sep 13Dec 13Mar 14Jun 14Sep 14S&P 500 IndexDow Jones US Containers&Packag

5、ing IndexBerry Plastics Group,Inc.2014 LETTER TO OUR SHAREHOLDERSDear Fellow Shareholders,I am pleased to report that fiscal 2014 was a very solid year here at Berry Plastics we achieved record net sales,adjusted EBITDA and adjusted free cash for any fiscal year in the Companys history.Specifically,

6、in fiscal 2014 we achieved net sales of approximately$5 billion,adjusted EBITDA of$830 million,and adjusted free cash flow in excess of$300 million.Most notable,was the fact that we achieved these records,in spite of weak consumer demand and persistent increases in raw material costs.Also during fis