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Article: ACCO Brands Corporation Updates Fiscal 2006 Outlook.
- Article from:
- Business Wire
- Article date:
- January 17, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LINCOLNSHIRE, Ill. -- ACCO Brands Corporation (NYSE:ABD) today announced that it did not see the previously expected increase of office products sales in the fourth quarter, ahead of its January 1, 2007 price increase. Principally as a result of this, the company now expects adjusted EBITDA(1) for the full year ended December 31, 2006 to be between $196 million and $198 million. The company previously expected adjusted EBITDA to be roughly comparable to the 2005 pro forma level of $212.5 million.
ACCO Brands Corporation will report fourth quarter 2006 results before the market opens on February 7, 2007. ACCO Brands will host a conference call at 8:30 a.m. ET on ...