Press Releases: all

  • 7/30/14 8:42 am EDT
    Explore a visual of our second quarter 2014 earnings report and the drivers behind our performance in the period.  more...
  • 7/30/14 7:25 am EDT

    Second Quarter 2014 Highlights:

    • Earnings from continuing operations of $0.43 per share, $0.53 ex-items vs. $0.28 on the same basis
    • Sales of $1.47 billion were up 6% from gains across targeted packaging and specialty chemicals markets
    • EBITDA ex-items increased to $257 million, up 26% driven by margin expansion in the Food & Beverage and Home, Health & Beauty segments
    • EBITDA margin expansion driven by broad volume, price/mix and productivity improvement, as well as cost savings benefits; company remains on track to deliver $75 million of savings in 2014 ($100 million run-rate savings)
    • Continued operational progress in Brazil despite soft economic conditions
    • Completed accelerated stock repurchase using forestland transaction proceeds; company has returned more than $600 million to shareholders through repurchases and a special dividend
    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, reported improved results and EBITDA margin expansion in the second quarter of 2014 (see table below). The company generated particularly strong performance improvement in the Food & Beverage and Home, Health & Beauty segments, as well as record sales and earnings in the Specialty Chemicals segment. As a result, total company EBITDA ex-itemsmore...
  • 7/28/14 9:30 am EDT

    Award Recognizes MWV for Commitment to Supplier Diversity 

    At MWV, we believe packaging matters to brands, retailers and consumers, throughout the supply chain, online, offline and around the world. And in order to develop packaging that connects brands with global consumers, we believe our workforce and our partners must reflect that diversity. It’s not only the right thing to do; it’s a business imperative for us to compete and win in today’s global marketplace.Because supplier diversity is so important to us, we are especially proud to announcemore...
  • 7/14/14 3:31 pm EDT

    New package increases efficiency in production and enables superior function and graphics to please the consumer

    MWV has expanded its presence in Brazil’s packaging market and is now supplying innovative solutions to the food service sector. The company recently introduced brand owners to a product that assists fast food chains operating in delivery, to-go and drive-through systems with beverage transport.According to ABIA – the Brazilian Food Industry Association, the growth of the emerging middle class has boosted the food service sector. Currently, 38 percent of meals are consumed outside the home, ormore...
  • 7/14/14 1:00 pm EDT

    The consumer insights behind the development of our new chilled ready meal packaging solution

    Chilled Ready Meals (CRM) have long been associated with black CPET trays, but those trays simply do not live up to consumers’ expectations. MWV launched a five-year consumer insights study in the United Kingdom to dig deep into what consumers want from their CRM packaging. We learned that there are four main attributes consumers look for in this category – convenience, value, variety and “the experience.” Convenience, value and variety seemed to be hitting the mark but “the experience” wasmore...
  • 6/26/14 2:24 pm EDT
    RICHMOND, Va.--(BUSINESS WIRE)--The board of directors of MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, elected James E. Nevels a director of the company effective June 24, 2014. Nevels has extensive investment, financial and management experience, as well as knowledge of consumer packaged goods markets, which will help guide MWV as the company focuses on achieving its growth and margin goals across its packaging businessesmore...
  • 6/26/14 8:30 am EDT
    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions will release its second quarter results on Wednesday, July 30, 2014, before the market opens. The news release and slides for the results will be available on MWV’s website at www.mwv.com. The company will host its second quarter results conference call on Wednesday, July 30, 2014, at 10 a.m. (EDT) with access available via Internet andmore...
  • 6/24/14 2:37 pm EDT
    RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation’s (NYSE: MWV) Board of Directors declared a regular quarterly dividend of $0.25 cents per common share. The payment of the dividend will be made September 2, 2014 to shareholders of record at the close of business August 1, 2014. About MWV MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beautymore...
  • 6/23/14 10:44 am EDT
    The demand for fragrance is growing fastest in the world in one of MWV’s fastest growing regions: Brazil.The Beauty and Personal Care market in Brazil has been growing by around 10 percent each year for the past decade, says Tove Dahlstrom, marketing coordinator, Home, Health & Beauty, Latin America. And the fragrance category is the primary driver of this growth, making Brazil the largest market in the world. MWV doubled its fragrance business in Brazil in 2013, and is expected to doublemore...
  • 6/13/14 4:01 pm EDT

    On June 11th, 2014 MWV Graz launched its new over 30 meters long XL Heidelberg printing press with well-known guests from politics and economics.

    MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions  MWV Graz, part of the U.S. American MWV Corporation, launched its new printing press with well-known guests from politics and economics on June 11th. The over 30 meters long XL printing press was inaugurated with an exclusive event attended by honorable guest like the mayor of Graz Siegfried Nagl, deputy mayor Martina Schröck, Landesrat Christian Buchmann (member of the provincial government) andmore...