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Berry Global Group Inc (BERY.N)

BERY.N on New York Stock Exchange

59.13USD
16 Jan 2018
Change (% chg)

$-1.10 (-1.83%)
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Latest Key Developments (Source: Significant Developments)

Berry Global Announces Board Of Directors Leadership Change
Friday, 12 Jan 2018 08:30am EST 

Jan 12 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL ANNOUNCES BOARD OF DIRECTORS LEADERSHIP CHANGE.BERRY GLOBAL GROUP INC - CEO THOMAS E. SALMON ELECTED CHAIRMAN OF BOARD EFFECTIVE UPON JONATHAN D. RICH'S RETIREMENT.BERRY GLOBAL SAYS BOARD ELECTED CEO THOMAS SALMON TO SUCCEED RICH AS CHAIRMAN OF BOARD, EACH EFFECTIVE FEB 1.  Full Article

Berry Global Group Q4 adjusted earnings per share $0.87
Thursday, 16 Nov 2017 08:30am EST 

Nov 16 (Reuters) - Berry Global Group Inc :Berry global group, inc. Reports fourth quarter and fiscal year 2017 results.Q4 adjusted earnings per share $0.87.Q4 earnings per share $0.81.Q4 sales $1.9 billion versus i/b/e/s view $1.91 billion.Q4 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Berry global group inc - sees ‍fiscal year 2018 cash flow from operations and adjusted free cash flow to be $965 million and $610 million, respectively​.Berry global group inc - sees ‍fiscal year 2018 capital spending to be $320 million​.Berry global group inc - 2018 cash interest costs are forecasted to be $250 million​.Berry global group inc - 2018 estimates and assumptions do not include most recent definitive agreement to acquire clopay​.  Full Article

Berry Global to acquire Clopay Plastic Products Co
Thursday, 16 Nov 2017 08:03am EST 

Nov 16 (Reuters) - Griffon Corp :Berry global group, inc. Announces agreement to acquire the clopay plastic products company, inc., from griffon corporation.Berry global group inc - ‍expect annual cost synergies from deal to be approximately $20 million​.Berry global group inc - ‍intends to fund acquisition with existing liquidity or additional debt offering​.  Full Article

Griffon Corp to sell Clopay Plastic Products to Berry Global for $475 mln
Thursday, 16 Nov 2017 07:30am EST 

Nov 16 (Reuters) - Griffon Corp :Griffon Corporation to sell Clopay Plastic Products to Berry Global for $475 million.Griffon Corporation to sell Clopay Plastic Products to Berry Global for $475 million.Griffon Corp - ‍entered into a definitive agreement to sell Clopay Plastic Products Company to Berry Global Group Inc​.  Full Article

Berry Global Q3 adjusted earnings per share $0.93
Thursday, 3 Aug 2017 08:30am EDT 

Aug 3 (Reuters) - Berry Global Group Inc :Berry global group, inc. Reports third quarter fiscal 2017 results.Q3 adjusted earnings per share $0.93.Q3 earnings per share $0.79.Q3 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.Berry global group inc - ‍increased annual cost synergies for aep acquisition from initial guidance of $50 million to $80 million​.Berry global group inc - ‍reaffirming our fiscal 2017 guidance of projected cash flow from operations of $925 million and adjusted free cash flow of $550 million​.Berry global group inc qtrly net sales $1,906 million versus $1,645 million.Q3 revenue view $1.94 billion -- Thomson Reuters I/B/E/S.  Full Article

Berry Global Group posts Q1 adj. earnings per share $0.79
Wednesday, 3 May 2017 08:30am EDT 

May 3 (Reuters) - Berry Global Group Inc :Berry Global Group Inc reports second quarter fiscal 2017 results.Q2 adjusted earnings per share $0.79.Q2 earnings per share $0.54.Q2 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.Will continue focus on reducing leverage ratio to a goal of below 4, on or before end of fiscal 2017.Increasing annual cost synergy target for AEP acquisition from initial $50 million to $70 million.Berry Global Group - reaffirming fiscal year 2017 projected cash flow from operations of $925 million and adjusted free cash flow of $550 million."throughout remainder of year we will continue to work on further cost reduction opportunities".Net sales increased 12 pct over prior year quarter and was a quarterly record at $1.806 billion.  Full Article

Berry Plastics Group co, units entered into an Amendment no. 7 to amended and restated revolving credit agreement - SEC filing
Monday, 27 Mar 2017 05:49pm EDT 

Berry Plastics Group Inc : Berry Plastics Group Inc - co, units entered into an Amendment no. 7 to amended and restated revolving credit agreement - SEC filing .Berry Plastics Group - pursuant to Amendment no. 7, BPC exercised option to increase commitments under revolving facility by $100 million to $750 million.  Full Article

Berry Plastics Group reports Q1 earnings per share $0.40
Friday, 3 Feb 2017 08:30am EST 

Berry Plastics Group Inc - : Berry Plastics Group Inc reports first quarter fiscal 2017 results . Q1 adjusted earnings per share $0.50 . Q1 earnings per share $0.40 . Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Q1 revenue $110 million . Q1 revenue view $1.55 billion -- Thomson Reuters I/B/E/S . Reaffirming our fiscal 2017 guidance of projected cash flow from operations and adjusted free cash flow guidance . "Looking ahead, we will continue our focus on reducing our leverage ratio to a goal of below 4, on or before end of fiscal 2017" .Witihn 2017 guidance, also assuming $80 million of cash used for other taxes, primarily related to state, international jurisdictions.  Full Article

Thomas Salmon appointed Berry Plastic Group's chief executive officer
Wednesday, 1 Feb 2017 08:30am EST 

Berry Plastics Group Inc : Thomas Salmon appointed Berry Plastic Group's chief executive officer . Berry Plastics Group Inc- Rich will continue as executive chairman of Berry's board .Berry Plastics Group- Salmon, succeeds Jonathan Rich whose previously announced plans to retire as berry's ceo become effective February 3, 2017.  Full Article

Berry Plastics Group enters into agreement with Credit Suisse Ag, Cayman Islands Branch and Citibank
Friday, 20 Jan 2017 04:29pm EST 

Berry Plastics Group Inc - : Entered into incremental assumption agreement with Credit Suisse Ag, Cayman Islands Branch, and CitiBank, N.A. - SEC filing . Assumption agreement to borrow incremental amounts of $1.9 billion and $500 million under holdings existing term loan credit agreement .Proceeds of term J loans, together with existing liquidity, were used to consummate acquisition of AEP Industries, Inc.  Full Article