Sealed Air sales and earnings up

 

25 October 2006 — Elmwood Park (NJ): Sealed Air has reported Q3 diluted EPS of $0.82, up 21 percent from $0.68 a year earlier.

 

Net sales increased 6 percent to $1.08 billion compared to $1.02 billion during Q3 2005.

 

The company attributes the rise to a $31 million favourable change in product price and mix, $18 million from acquisitions and $13 million from the effect of foreign currency translation.