2013-01-15 00:38:21 -
Finjitsu Research - Associated Analysts
CHICAGO, IL - Jan. 14, 2013
Current Perspective on Sealed Air Corp (SEE)
Our Recent Meeting with New CEO Jerome Peribere was a Positive - Deleveraging
Still a Priority - Initial Focus on Cost Cutting at Diversey - Lowering Our EPS
to Reflect the Divestiture of Diversey Japan. Adjusting Diversey's cost
structure to the market demand for its products and services (50% of revenues in
Europe) is the number one focus moving forward.
Previous Perspective on Sealed Air Corp (SEE)
Q3 Results Were in Line - Guidance Adjusted to $0.90-$1.00 to Reflect the
Divestiture of Diversey Japan - Deleveraging Accelerating - Maintaining our EPS
Estimates on the Old Basis. Q3 EPS of $0.31 compared with $0.48 last year
(consensus $0.31). Management adjusted 2012 EPS in order to account for the
$0.10 contribution from Diversey Japan, which is being
sold to the Carlyle Group for $377M.
For more information on this brief please visit: Sealed Air Corp (SEE) | Meeting
with New CEO, a "No Nonsense" Story.
For more general financial information about Sealed Air Corp (SEE), and other
companies, please visit the Finjitsu Research Portal.
About Finjitsu Research
Finjitsu Research makes it easy for self-directed investors to acces hard-to-
find Wall St. equity research.
Finjitsu is an exclusive curator of stock research--with many publishers, in one
place, all having a small and mid-cap focus. In aggregating the reports of many
high quality, niche research firms, Finjitsu is the only platform that makes it
easy for individual investors to access hard-to-find investment research. For
investors who prefer a more personal interaction, Finjitsu Research can also
provide a direct connection to Wall St. Analysts in a phone or online-chat
For press inquiries, please contact firstname.lastname@example.org
This abstract was prepared by Finjitsu Research for convenience only and does
not claim to be a complete description of the information contained in the
report. This abstract is intended to be a general sample of the contents of the
report. This abstract is qualified in its entirety by the full report, which is
not avaiable on this website. This report contains opinions that are inherently
biased. In addition, this report was prepared for general circulation and does
not provide investment recommendations specific to individual investors. As
such, the financial instruments discussed in this report may not be suitable for
all investors and investors must make their own investment decisions based upon
their specific investment objectives and financial situation utilizing their own
financial advisors as they deem necessary. To review additional important
disclosures related to this report, please go to https://www.finjitsu.com/legal
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Finjitsu Research via Thomson Reuters ONE