Sealed Air Corporation (SEE) 2018年年度报告「NYSE」.pdf

1、Dear Fellow Stockholders:We had a solid finish to 2018 with year over year net sales increasing 6%to$4.7 billion and Adjusted EBITDA increasing 7%to$890 million(1).We exceeded our operating leverage(Profit to Growth ratio(1,2)target by doubling the rate to 21%in 2018 from 10%in 2017.There is clearly

2、 more value to be created at Sealed Air as we deliver on our Reinvent SEE strategy.The Reinvent SEE transformation can be described in terms of taking our 4PS Performance,People,Products,Processes,and Sustainability to world-class levels.We expect to grow faster than the markets we serve,which will

3、drive earnings power,operating leverage and return on invested capital.By operating as one company,we will create a high-performance culture that retains,develops and attracts world-class talent.We are reinventing our iconic product brands and increasing our innovation rate with new product developm

4、ent and strategic acquisitions.We are implementing our Sealed Air Operational Excellence across the entire company to address speed to market on innovations,channel optimization,customer experience,and product-cost efficiency.And,we are embedding sustainability into our new innovations and leading t

5、he packaging industry to a more sustainable future.Our mission statement to solve our customers most critical packaging challenges with innovative solutions that leave our world,environment,and communities better than we found them makes all of us proud to be at Sealed Air.The progress we have made

6、in 2018 is just the beginning.As we execute Reinvent SEE,we have committed to achieving an operating leverage target of more than 40%in 2019 and beyond.I am confident that our strong foundation combined with our Reinvent SEE strategy will drive a step change in our future results.Sincerely,Edward(Te