Berry Global Group Inc (BERY) 2015年年度报告「NYSE」.pdf

1、Global Leader in Innovative Packaging and Engineered Specialty Materials2015 ANNUAL REPORTFINANCIAL HIGHLIGHTS*FISCAL YEARS ENDEDSEPTEMBER 26,2015SEPTEMBER 27,2014%CHANGENet Sales$4,881$4,958-1.6%Operating EBITDA$815$7853.8%Adjusted EBITDA$820$830-1.2%Adjusted Free Cash Flow$436$302 44.4%$50$100$150

2、$200$250Berry Plastics Group,Inc.Dow Jones US Containers&Packaging IndexS&P 500 IndexSep-15Jun-15Mar-15Dec-14Sep-14Jun-14Mar-14Dec-13Sep-13Jun-13Mar-13Dec-12Sep-1211$4,000$4,200$4,400$4,600$4,800$5,0001214$4,95815$4,881$4,56113$4,766$4,64711$400$500$600$700$800$9001214$78515$815$65613$771$775STOCK P

3、ERFORMANCE*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 SALES11$0$100$200$300$400$5001214$30215$436$17213$279$238ADJUSTED FREE CASH FLOWOPERATING EBITDA11$400$500$600$700$800$9001214$83015

4、$820$75013$803$790ADJUSTED EBITDA*In millions except stock performance data.Operating EBITDA,adjusted EBITDA,and adjusted free cash flow are non-GAAP financial measures.See reconciliation located within this document.Dear Fellow Shareholders,F iscal 2015 was another strong year for Berry.During the

5、year we achieved record operating EBITDA and adjusted free cash for any f iscal year in the Companys history.Specif ically in f iscal 2015 we delivered operating EBITDA of$815 million and adjusted free cash f low of$436 million,all despite continued muted demand in North America for food packaging.T

6、he value of Berrys stock rose over 20%during f iscal year 2015.While all of us at Berry are proud of these accomplishments,in the end they are a ref lection on the soundness of our strategies and the result of a relentless focus on execution by our dedicated employees.Two of the hallmarks of Berry h