Earnings release
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SEE SEE Reports Q3 2021 Results Differentiating with SEETM Touchless Automation ™ , Digital , and Sustainability Net sales of $ 1.4 billion , up 14 % as reported ; up 13 % constant currency Net earnings of $ 108 million , down 18 % ; EPS of $ 0.71 , down 16 % Adjusted EBITDA of $ 271 million , up 4 % ; Adjusted EPS of $ 0.86 , up 5 % Cash flow from operations year to date of $ 378 million , down 8 % CHARLOTTE , N.C. , November 2 , 2021 - SEE ( NYSE : SEE ) today announced financial results for the third quarter 2021 . " We delivered strong sales and earnings despite significant inflationary pressures and widespread supply challenges . Our SEE Operating Engine is performing - SEE Touchless Automation and sustainable solutions are generating customer demand , growth , and productivity . We continue to make significant progress on our journey to world - class by investing in SEE Touchless Automation , Digital , and Sustainability , " said Ted Doheny , SEE's President and CEO . Unless otherwise stated , all results compare third quarter 2021 to third quarter 2020 results from continuing operations . Year - over - year financial discussions present operating results from continuing operations as reported . Year - over - year comparisons are also made on a constant dollar basis , which is a non - U.S . GAAP measure . Constant dollar refers to changes in net sales and earnings , including changes in unit volume and price performance , but excluding the impact of currency translation . Additionally , non - U.S . GAAP adjusted financial measures , such as Adjusted Earnings Before Interest Expense , Taxes , Depreciation and Amortization ( " Adjusted EBITDA " ) , Adjusted Net Earnings , Adjusted Diluted Earnings Per Share ( " Adjusted EPS " ) and Adjusted Tax Rate , exclude the impact of specified items ( " Special Items " ) , such as restructuring charges , restructuring associated costs , gains and losses related to acquisition and divestiture of businesses , special tax items ( " Tax Special Items " ) and certain infrequent or one - time items . Please refer to the supplemental information included with this press release for a reconciliation of U.S. GAAP to Non - U.S . GAAP financial measures . SEE | 2415 Cascade Pointe Blvd. | Charlotte , NC 28208 1