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ACCO Brands CEO Discusses Q4 2010 Results - Earnings Call Transcript

ACCO Brands Corporation ( ABD)

Q4 2010 Earnings Call

February 9, 2011 8:30 a.m. ET


Jennifer Rice – VP, IR

Bob Keller – Chairman and CEO

Neal Fenwick – EVP and CFO


William Chappell – SunTrust Robinson Humphrey

Arnie Ursaner – CJS Securities

Reza Vahabzadeh – Barclays Capital

Karru Martinson – Deutsche Bank

Arun Seshadri – Credit Suisse

Gary Balter – Credit Suisse



Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2010 ACCO Brands Earnings Conference Call.

My name is Lacey and I’ll be your coordinator for today. At this time, all participants are in listen-only mode. (Operator Instructions). We will facilitate a question-and-answer session towards the end of the presentation. As a reminder, this conference is being recorded for replay purposes.

I will now turn the presentation over to your host for today’s call, Ms. Jennifer Rice, Vice President of Investor Relations. Please proceed.

Jennifer Rice

Good morning, and welcome to our Fourth Quarter 2010 conference call. On the call today are Bob Keller, Chairman and Chief Executive Officer of ACCO Brands Corporation and Neal Fenwick, Executive Vice President and Chief Financial Officer.

Slides that accompany this call have been posted to the Investor Relations section of These slides provide detailed information to supplement this call.

Our discussion this morning will refer to results for continuing operations on an adjusted basis, which for 2009 exclude all restructuring and other charges. And for 2010, apply normalized effective tax rate of 30%. Our reconciliation of adjusted results to GAAP can be found in this morning’s press release.

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