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Berry Global Group Inc (BERY.N)

BERY.N on New York Stock Exchange

51.55USD
15 Feb 2019
Change (% chg)

$-0.01 (-0.02%)
Prev Close
$51.56
Open
$51.85
Day's High
$52.00
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$51.29
Volume
217,945
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341,204
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$57.17
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$40.51

Latest Key Developments (Source: Significant Developments)

Berry Global Group Inc Reports First Quarter 2019 Results, Reaffirms 2019 Outlook
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. REPORTS FIRST QUARTER 2019 RESULTS; REAFFIRMS 2019 FISCAL YEAR GUIDANCE.Q1 SALES $2.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.93 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $0.77.Q1 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA.REAFFIRMING FISCAL YEAR 2019 PROJECTED CASH FLOW FROM OPERATIONS OF $1.04 BILLION AND ADJUSTED FREE CASH FLOW OF $670 MILLION.FISCAL 2019 CAPITAL SPENDING AND CASH INTEREST COSTS ARE FORECASTED TO BE $350 MILLION AND $270 MILLION, RESPECTIVELY.  Full Article

Berry Global Group Considering Offer For UK's RPC Group Plc
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - BERRY GLOBAL GROUP :BERRY GLOBAL GROUP RPC GROUP PLC - STATEMENT RE POSSIBLE OFFER.BERRY GLOBAL GROUP SAYS CONSIDERING A POSSIBLE OFFER IN CASH FOR RPC AND HAS REQUESTED DUE DILIGENCE INFORMATION FROM RPC FOR THIS PURPOSE.  Full Article

Berry Global Group Reports Q4 Earnings Per Share $0.99
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS; PROVIDES 2019 FISCAL YEAR GUIDANCE.Q4 ADJUSTED EARNINGS PER SHARE $0.90.Q4 EARNINGS PER SHARE $0.99.Q4 SALES $2.1 BILLION VERSUS I/B/E/S VIEW $2.03 BILLION.Q4 EARNINGS PER SHARE VIEW $0.87 -- THOMSON REUTERS I/B/E/S.QTRLY ORGANIC SALES GROWTH UP 3 PERCENT.EXPECT FISCAL YEAR 2019 CASH FLOW FROM OPERATIONS OF $1.04 BILLION.EXPECT FISCAL YEAR 2019 ADJUSTED FREE CASH FLOW OF $670 MILLION.  Full Article

Berry Global Group Prices $500 Million Second Priority Senior Secured Notes Private Offering
Saturday, 20 Jan 2018 

Jan 19 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. PRICES $500 MILLION SECOND PRIORITY SENIOR SECURED NOTES PRIVATE OFFERING.BERRY GLOBAL GROUP INC - ‍CO'S UNIT BERRY GLOBAL, INC WILL ISSUE $500 MILLION OF SECOND PRIORITY SENIOR SECURED NOTES DUE 2026​.BERRY GLOBAL - NOTES WILL BEAR INTEREST AT 4.500% PAYABLE SEMIANNUALLY, IN CASH IN ARREARS, ON FEB 15 & AUG 15 OF EACH YEAR, COMMENCING AUG 15, 2018.  Full Article

Berry Global Group Unit Plans To Issue $400 Mln Of Second Priority Senior Secured Notes Due 2026
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. ANNOUNCES PROPOSED OFFERING OF SECOND PRIORITY SENIOR SECURED NOTES.BERRY GLOBAL GROUP INC - UNIT PLANS TO ISSUE $400 MILLION OF SECOND PRIORITY SENIOR SECURED NOTES DUE 2026.BERRY GLOBAL GROUP- INTENDS TO USE PROCEEDS TO FUND PORTION OF CASH CONSIDERATION DUE FOR DEAL WITH CLOPAY PLASTIC PRODUCTS,TO PAY RELATED FEES,OTHERS.BERRY GLOBAL - IF CLOPAY DEAL IS NOT COMPLETED, CO INTENDS TO USE NET PROCEEDS OF OFFERING TO REPAY DEBT UNDER ITS SENIOR SECURED CREDIT FACILITIES.  Full Article

Berry Global Announces Board Of Directors Leadership Change
Friday, 12 Jan 2018 

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 

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 

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 

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 weighs bid for packager RPC in challenge to Apollo

Berry Global Group is considering a cash offer for British packager RPC Group in a challenge to a 3.3 billion pound ($4.3 billion) bid from the U.S. company's former parent, Apollo Global.