Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Bemis Company, Inc.    BMS

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Bemis Company, Inc. : Bemis Company Acquires Shield Pack

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/02/2011 | 12:11am CEST

NEENAH, WISCONSIN, December 1, 2011 - Bemis Company, Inc. (NYSE-BMS) today announced that it has acquired the common stock of Shield Pack, LLC of West Monroe, Louisiana, a manufacturer of high barrier liners for bulk container packaging with annual net sales of approximately $25 million. Details of the transaction were not disclosed. This transaction does not impact Bemis' earnings per share guidance for 2011.

"This acquisition expands our reach into new market applications for bulk liquids and other products that require barrier packaging," said Henry Theisen, President and Chief Executive Officer of Bemis Company, Inc. "Shield Pack's expertise in moisture and oxygen barrier technology complements our existing technological capabilities and our focus on high barrier packaging solutions."

Statements in this release that are not historical are considered "forward-looking" and are subject to certain risks and uncertainties. Actual future results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors, including the impact of currency, changes in cost or availability of raw materials, and consumer buying patterns under certain economic conditions. Additional factors are detailed in the Company's regular SEC filings including the most recently filed Form 10-K for the year ended December 31, 2010.

ABOUT BEMIS COMPANY, INC.
Bemis Company is a major supplier of flexible packaging and pressure sensitive materials used by leading food, consumer products, healthcare, and other companies worldwide. Founded in 1858, the Company is included in the S&P 500 index of stocks and reported 2010 net sales of $4.8 billion. The Company's flexible packaging business has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing, and converting. Headquartered in Neenah, Wisconsin, Bemis employs over 20,000 individuals worldwide. More information about the Company is available at our website, www.bemis.com.

###

Bemis Company, Inc.
One Neenah Center, 4th Floor
P.O. Box 669
Neenah, Wisconsin  54957-0669

For additional information please contact:
Melanie E. R. Miller
Vice President, Investor Relations and Treasurer
(920)527-5045

Kristine Pavletich
Public Relations Specialist
(920)527-5159        


HUG#1568365

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BEMIS COMPANY, INC.
05:22p WORLDWIDE RETORT POUCHES MARKET 2017 : Overview, in-Depth Analysis, Forecasts, A..
09/13 BEMIS : NRPA and Bemis Partner to Expand Local 'Commit to Health' Program
09/12 BEMIS : Costs Associated with Exit or Disposal Activities (form 8-K/A)
09/08 Benetton's Edizione readying bid for packaging firm Guala Closures - sources
08/15 BEMIS COMPANY, INC. : ex-dividend day
08/03 BEMIS CO INC : Change in Directors or Principal Officers (form 8-K)
08/03 BEMIS : Declares Regular Quarterly Dividend
07/28 BEMIS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS ..
07/27 BEMIS COMPANY, INC. (NYSE : BMS) reported earnings of $0.48 per share missing Wa..
07/27 BEMIS CO INC : Results of Operations and Financial Condition, Costs Associated w..
More news
News from SeekingAlpha
10/15 DIVIDEND INCOME UPDATE : September 2017
10/02 My Comments On Aristofanis's Comments On Buyandhold2012's Investing Strategy
09/27 REPORT : Bemis not in deal talks with Amcor
09/21 Sand In My Shoes - It's Material
09/13 Bemis Company (BMS) Presents At KeyBanc Basic Materials & Packaging Conferenc..
Financials ($)
Sales 2017 4 016 M
EBIT 2017 379 M
Net income 2017 202 M
Debt 2017 1 468 M
Yield 2017 2,56%
P/E ratio 2017 22,77
P/E ratio 2018 17,98
EV / Sales 2017 1,43x
EV / Sales 2018 1,42x
Capitalization 4 281 M
Chart BEMIS COMPANY, INC.
Duration : Period :
Bemis Company, Inc. Technical Analysis Chart | BMS | US0814371052 | 4-Traders
Technical analysis trends BEMIS COMPANY, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 46,4 $
Spread / Average Target -1,6%
EPS Revisions
Managers
NameTitle
William F. Austen President, Chief Executive Officer & Director
Timothy M. Manganello Chairman
Michael B. Clauer Chief Financial Officer & Senior Vice President
William E. Jackson Chief Technology Officer & Vice President
David S. Haffner Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BEMIS COMPANY, INC.-1.40%4 281
BALL CORPORATION12.69%14 881
AMCOR LIMITED5.22%14 354
CCL INDUSTRIES INC.-75.87%8 922
AVERY DENNISON CORP42.00%8 813
SEALED AIR CORP-0.26%8 593