Sealed Air Posts $44m Q4 Profit, Eyes $10.3bn CD&R Privatization
Sealed Air swung to a $44m Q4 2025 net profit from a sub-$1m loss a year earlier, driven by a 2% sales uptick to $1.4bn and lower special items charges. The company reported a 19.8% adjusted EBITDA margin and agreed to a $10.3bn CD&R privatization deal.
1. Q4 Financial Results
Sealed Air returned to profitability in Q4 2025 with net earnings of $44 million, compared to a net loss of under $1 million in Q4 2024, as net sales rose 2% to $1.4 billion.
2. Segment Performance
Food segment sales increased 2% to $937 million, including a $28 million favorable currency impact, while Protective segment sales grew 3% to $464 million, boosted by a $10 million currency tailwind.
3. Cost Reductions and EBITDA
Special items expense declined to $69 million from $110 million a year earlier, reflecting lower tax-related charges and restructuring costs; adjusted EBITDA reached $278 million, representing 19.8% of net sales, aided by productivity gains and favorable currency effects.
4. CD&R Acquisition and Full-Year Highlights
Shareholders approved a $10.3 billion privatization by CD&R at $42.15 per share, with closing expected mid-2026 pending approvals; for full-year 2025, Sealed Air reported net earnings of $441 million, adjusted EBITDA of $1.1 billion, and reduced net debt to $3.7 billion.