Sealed Air Q2 results 'disappointing', CEO admits
date:Aug 04, 2012
tion cost activities.

The Food Solutions segment sales decreased 6% with steady year-over-year price/mix performance and 2% lower volumes.

The decline was driven by lower equipment sales in EMEA due to a challenging 2011 comparison, timing of orders in 2012, and weakening European economic conditions.

These factors were partially offset by 4% constant dollar sales growth in North America from positive price/mix and higher volumes.

Sales for the Protective Packaging segment decreased 3% with
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