Sealed Air Corp.  (NYSE: SEE), Elmwood Park, NJ, reported sales for 2016 of $6.8 billion, a decrease of 3.6 percent from the previous year. Profit increased 45 percent to $486.4 million from the previous year.

Sales for the fourth quarter were $1.7 billion, a decrease of 0.6 percent year-over-year. Profit was up 38.5 percent to $171.1 million the same period the previous year. 

Food care division sales were down 0.2 percent for the quarter and 5.4 percent for the year. Diversey care division sales were down 0.4 percent for the quarter and 1.8 percent for the year. And product care division sales were down 1.7 percent for the quarter and 1.9 percent for the year.