Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €29.58 EUR
Change Today -0.92 / -3.02%
Volume 250.0
BP0 On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:20 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

berry plastics group inc (BP0) Snapshot

Open
€29.49
Previous Close
€30.50
Day High
€29.58
Day Low
€29.04
52 Week High
04/14/15 - €34.11
52 Week Low
08/14/14 - €17.52
Market Cap
3.5B
Average Volume 10 Days
125.0
EPS TTM
--
Shares Outstanding
119.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BERRY PLASTICS GROUP INC (BP0)

berry plastics group inc (BP0) Related Businessweek News

No Related Businessweek News Found

berry plastics group inc (BP0) Details

Berry Plastics Group, Inc. manufactures and distributes plastic consumer packaging and engineered materials in North America and internationally. The company operates through four segments: Rigid Open Top, Rigid Closed Top, Engineered Materials, and Flexible Packaging. It offers rigid packaging products, including containers; foodservice items, which include thermoformed polypropylene and injection-molded plastic drink cups; closures and overcaps; bottle and prescription containers, such as polyethylene and polyethylene terephthalate bottles, as well as decorated bottles; and tubes. The company also provides engineered materials, such as heat-shrinkable coatings, single- and multi-layer sleeves, pipeline coating tapes, anode systems for cathodic protection, visco-elastic, and epoxy coatings; cloth and foil, splicing and laminating, flame-retardant, vinyl-coated and carton sealing, electrical, double-faced cloth, masking, mounting, OEM, and medical and specialty tapes under the National, Nashua, and Polyken brands; drop cloths and retail trash bags under the Ruffies and Film-Gard brands; and PVC Films. In addition, it offers institutional can liners under the Big City, Hospi-Tuff, Plas-Tuff, Rhino-X, and Steel-Flex brands; and stretch and shrink films under the MaxTech, PalleTech, and OptiMil brands. Further, the company provides flexible packaging products, which include personal care films; food and consumer films, as well as barrier films; and converter films, such as coated and laminated products, mono layer to coextruded films, lamination films, and lamination film for carpet padding to films for solar panel construction. It sells its products through direct field sales force and distributors. Berry Plastics Group, Inc. was founded in 1967 and is headquartered in Evansville, Indiana.

16,000 Employees
Last Reported Date: 02/2/15
Founded in 1967

berry plastics group inc (BP0) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $1.5M
Chief Financial Officer
Total Annual Compensation: $510.5K
President of Rigid Closed Top Division
Total Annual Compensation: $629.1K
President of Engineered Materials Division
Total Annual Compensation: $527.1K
President of Rigid Open Top Division
Total Annual Compensation: $474.1K
Compensation as of Fiscal Year 2014.

berry plastics group inc (BP0) Key Developments

Berry Plastics Group, Inc. Reports Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended June 27, 2015; Revised Capex Outlook for the Full Year of Fiscal 2015; Provides Sales Outlook for Fourth Quarter of 2015

Berry Plastics Group, Inc. reported unaudited consolidated earnings results for third quarter and nine months ended June 27, 2015. For the quarter, the company’s net sales were $1,241 million against $1,298 million a year ago. Operating income was $121 million against $83 million a year ago. Loss before income tax was $22 million against $4 million a year ago. Net loss was $13 million or $0.11 per diluted share against profit of $15 million or $0.12 per diluted share a year ago. Adjusted operating income was $140 million against $130 million a year ago. Operating EBITDA was $219 million against $212 million a year ago. Adjusted EBITDA was $220 million. Cash flow from operating activities was $180 million. Net additions to property, plant, and equipment were $40 million. Adjusted net income per diluted share was $0.51. The year-over-year decrease in sales was primarily attributed to decreased selling prices as a result of the pass-through of lower raw material costs, a negative impact from foreign currency changes, and soft customer demand partially offset by net sales from acquisition volume attributed to the Healthcare Containers and Closures business purchased from Rexam and volume gains in certain product categories. Net debt as on June 27, 2015 was $3,646 million. Adjusted free cash flow in the June 2015 quarter, was $140 million, bringing the company's last four quarters' adjusted free cash flow to $378 million. For the quarter, adjusted free cash flow improved $74 million over the prior year quarter as a result of improved earnings, lower cash interest costs, working capital benefits and prudent capital spending. For the nine months, the company’s net sales were $3,685 million against $3,648 million a year ago. Operating income was $301 million against $223 million a year ago. Profit before income tax was $53 million against $23 million a year ago. Net profit was $38 million or $0.31 per diluted share against $33 million or $0.27 per diluted share a year ago. Net cash from operating activities was $392 million against $370 million a year ago. Additions to property, plant, and equipment were $124 million against $172 million a year ago. The company is increasing its 2015 fiscal year adjusted free cash flow guidance to $400 million, up $50 million from its last earnings call. The company’s revised guidance includes capital expenditures of $180 million, cash interest of $190 million, other cash costs of approximately $35 million, and a source of working capital of $25 million. The company’s tax receivable agreement payment of $39 million remains unchanged. The company anticipates its fourth fiscal quarter sales volumes to be consistent with the past several quarters. Despite overall market weakness the company has seen positive growth in several product categories and continue to presume that the fundamentals of end markets have not changed as the company remains focused on its strategic approaches to help its customers.

Berry Plastics Group, Inc. to Report Q3, 2015 Results on Jul 31, 2015

Berry Plastics Group, Inc. announced that they will report Q3, 2015 results at 9:00 AM, Eastern Standard Time on Jul 31, 2015

Berry Plastics Group, Inc., Q3 2015 Earnings Call, Jul 31, 2015

Berry Plastics Group, Inc., Q3 2015 Earnings Call, Jul 31, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BP0:GR €29.58 EUR -0.92

BP0 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bemis Co Inc $44.29 USD -0.28
Graphic Packaging Holding Co $14.87 USD -0.23
Silgan Holdings Inc $52.72 USD -0.75
Sonoco Products Co $41.07 USD -0.21
SPX Corp $63.93 USD -1.48
View Industry Companies
 

Industry Analysis

BP0

Industry Average

Valuation BP0 Industry Range
Price/Earnings 60.1x
Price/Sales 0.8x
Price/Book NM Not Meaningful
Price/Cash Flow 24.0x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BERRY PLASTICS GROUP INC, please visit www.berryplastics.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.