Sealed Air Corporation: Headwinds To Continue In Short Term, But Longer Term Looks Good
Sealed Air(SEE) seekingalpha.com·2024-05-29 17:03
miodrag ignjatovic/E+ via Getty Images The Thesis Sealed Air Corporation (NYSE:SEE) continued its topline contraction as it entered 2024. I expect this to continue further in 2024 as the end market remains under pressure in most of the end markets in both the segments, primarily in the EMEA region. This, along with impact from weak pricing, should negatively impact the company's margin in the near term. The longer-term prospects, however, look good due to the company's focus on developing new products t ...