Sealed Air Corp. said on Friday its 2015 sales would be hurt more than previously expected by unfavorable currency movements, according to a regulatory filing. The bubble wrap maker now expects currency movements to reduce sales to by nearly $800 million, compared with a previous forecast of about $700 million. The company expects currency translation to lower 2015 adjusted earnings before interest, taxes, depreciation and amortization by about $125 million, compared with a previous expectation of $110 million. The stock, which fell 1.3% in morning trade, has run up 19% year to date, while the S&P 500 has shed 4.4%.
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