Berry Plastics 4Q and fiscal year 2015 results: Net sales down due to decreased selling prices
EVANSVILLE, INDIANA, November 16, 2015-
Berry Plastics Group, Inc. today reported results for its fourth fiscal 2015 quarter, referred to in the following as the September 2015 quarter, and fiscal year 2015:
"In the September 2015 quarter, we had strong cash generation as cash flow from operations was $245 million, resulting in $189 million of adjusted free cash flow. Additionally we increased our Operating EBITDA margins (17.1% of net sales) by more than 100 basis points from the prior year quarter.” said Jon Rich, Chairman and CEO of Berry Plastics.
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