Berry Global Group Inc (BERY) 2019年年度报告「NYSE」.pdf

1、 ANNUAL REPORT2019Always advancing toprotect whats important.FINANCIAL HIGHLIGHTS*FISCAL YEARS ENDEDSEPTEMBER 28,2019SEPTEMBER 29,2018%CHANGE$100$150$2005 Year Total Return DJUSCP=140%S&P 500=150%Dow Jones US Containers&Packaging IndexBerry Global Group,Inc.S&P 500 Index1516171819$408$581$732$761$97

2、4$400$1,0001516171819*Total cumulative return based on$100 invested at beginning of the period vs.the S&P 500 and DJ US Containers&Packaging.Assumes reinvestment of dividends.NET SALES$436$517$601$634$7641516171819$400$800FREE CASH FLOWOPERATING INCOMEOPERATING EBITDA*In millions of dollars,except s

3、tock performance data.Operating EBITDA and adjusted free cash flow are non-GAAP financial measures.See reconciliation located within this document.STOCK PERFORMANCE*$4,881$6,489$7,095$7,869$8,878$4,500$8,5001516171819$815$1,210$1,327$1,380$1,530$800$1,6001516171819Net Sales$8,878$7,86913%Operating I

4、ncome 974 761 28%Operating EBITDA 1,530 1,380 11%Free Cash Flow 764 634 21%NON-GAAP FINANCIAL MEASURES*Measurements are in millionsOperating EBITDA and adjusted free cash f low,as presented in this document,are supplemental financial measures that are not required by,or presented in accordance with,

5、generally accepted accounting principles in the United States(“GAAP”).Reconciliations of such measures to GAAP financial measures are provided below.Investors are urged to consider carefully the comparable GAAP measures and the reconciliations to those measures provided.For further information,see t

6、he accompanying Form 10-K.FISCAL20152016201720182019U.S.GAAP Operating income$408$581$732$761$974 Add:depreciation and amortization350525521538613 Add:restructuring and impairment13322436(132)Add:business optimization and other expense4472504575Operating EBITDA$815$1,210$1,327$1,380$1,530 FISCAL2015