Event dates: May 04 – May 10
Location: Düsseldorf, Germany
Coveris Holdings S.A. reported first quarter 2016 net sales of $638 million. Net sales for the first quarter of 2015 were $634 million.
Adjusted EBITDA for the first quarter was $76 milion, compared to $74 million in the first quarter of 2015.
“During the quarter, Coveris remained focused on key strategic initiatives around commercial and supply chain excellence,”
said Gary Masse, President and Chief Executive Officer. “We are dr iving our strategy and making progress with key end market growth, pricing our products, achieving productivity improvements and managing our inventory.”
Please see our Adjusted EBITDA Reconciliation attached to this press release. Additional financial information may be found on www.coveris.com under the Investor Relations section.
A conference call hosted by management to discuss these financial results will be held on May 13, at 9:00 am, Eastern. The conference call number is 877 -407-8031 (domestic) or 201-689 -8031 (international). A replay of the call will be available after 1:30 pm, Eastern on May 13 until May 27, 2016, by dialing 877-660-6853 (domestic) or 201-612-7415 (international) with the conference ID of 13636694.
Marketing Communications Manager