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Bemis Company Reports Second Quarter Results and Announces Restructuring Program in Latin America

NEENAH, Wis.--(BUSINESS WIRE)--Bemis Company, Inc. (NYSE:BMS) today reported second quarter 2016 diluted earnings per share from continuing operations of $0.53. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of Non-GAAP Earnings Per Share,” adjusted diluted earnings per share from continuing operations would have been $0.67 in both 2016 and 2015. The net impact of currency translation decreased earnings per share in the second quarter of 2016 by approximately $0.02, as compared to the prior second quarter.