Coveris Reports Fourth Quarter 2017 Financial Results

Chicago, IL April 30, 2018 – Coveris Holdings S.A. reported revenues for the full year of 2017 of $2.5 billion. These sales were in-line with the prior year. Lower volumes in flexibles were offset by the pass-through of higher resin costs. For the fourth quarter, net sales were $627 million compared with $592 million in the fourth quarter of the prior year. As a result of our November 2017 announcement to explore strategic alternatives for our Americas and Rigid businesses, we have classified those businesses as discontinued operations. The remaining businesses, United Kingdom Food & Consumer and Europe, Middle East and Africa Food & Consumer, represent continuing operations. The published financial statements separate the information for continuing operations. Net sales for continuing operations were $896 million in 2017.

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