Sealed Air sales up six percent


26 July 2006 — Elmwood Park (NJ): Sealed Air announced a six percent rise in Q2 net sales to $1.08 billion, compared to $1.02 billion in the second quarter of 2005.

Gross profit increased to $307 million compared to $296 million in Q2 2005. As a percentage of net sales, gross profit fell to 28.4 percent from 29 percent a year earlier. The company attributes the fall to rising energy costs.