More on Berry Plastics' FQ3

• Berry Plastics (NYSE:BERY) reports Consumer Packaging net sales declined 4% to $705M in FQ3.
• Health, Hygiene, & Specialties net sales rose 365% to $567M.
• Engineered Materials net sales fell 4% to $373M.
• Operating margin rate improved 110 bps to 10.9%.
• Operating EBITDA increased 44.3% to $316M.
• FY2016 Guidance: Operating EBITDA: $1.2B; Adjusted free cash flow: $475M; Capex: $285M.