COVERIS REPORTS FOURTH QUARTER AND FULL YEAR 2016 FINANCIAL RESULTS

Chicago, March 20, 2017 – Coveris Holdings S.A. reported for the full year of 2016 of $2.5 billion. Excluding the impact of currency, $96 million, these sales were in-line with the prior year.  For the fourth quarter, net sales were $592 million compared with $645 million in the fourth quarter of the prior year.  Of this decline, currency accounted for $37 million while softer volumes accounted for the balance.