Sealed Air Corporation (SEE) 2019年年度报告「NYSE」.pdf

1、PATENT PENDING2019 Annual ReportWe are in business to protect,to solve critical packaging challenges,and to leave our world better than we found it.Dear Fellow Stockholders:Our performance in 2019 reflects strong execution of our Reinvent SEE strategy,and we are creating a more powerful earnings gro

2、wth engine.We have a solid foundation in place to face the current environment and support our long-term growth initiatives.In 2019,we delivered strong year over year earnings and cash flow with modest sales growth.Adjusted EBITDA*of$965 million increased 8%,while sales of$4.8 billion were up 1%,and

3、 Free Cash Flow*was$321 million for the full year.We exited 2019 with a healthy balance sheet that provides us with$1.3 billion in liquidity and no long-term debt facilities maturing until 2022.As we enter 2020,the COVID-19 pandemic has disrupted our lives.Our focus is to get through this without ha

4、rm to our people,to our families and communities while improving our business in the process.Our purpose remains the same and is more powerful than ever.It makes us proud to be at Sealed Air.We are in the business to protect,to solve critical packaging challenges,and to leave our world better than w

5、e found it.We have taken preemptive measures across the globe to keep our employees safe and to ensure business continuity.Our packaging solutions are critical for essentials like food,eCommerce,pharmaceuticals,medical equipment,and even COVID-19 test kits.Sustainability continues to be top of mind.

6、We are committed to a sustainable global supply chain and circular economy.We design innovative packaging solutions that maximize food safety,minimize food waste,and protect the distribution of valuable goods.Our strategy is to bring the best products to market faster,at the right price,and make the