ACCO Brands Corporation (ACCO) Tops Q4 EPS by 5c

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ACCO Brands Posts Record Full Year Sales, up 1 Percent 2019 EPS $1.06 Versus $1.00; Record Adjusted EPS $1.20 Versus $1.14; Generates Strong Cash From Operations

February 11, 2020 4:30 PM EST

LAKE ZURICH, Ill.--(BUSINESS WIRE)-- ACCO Brands Corporation (NYSE: ACCO), today reported its fourth quarter and full year results for the period ended December 31, 2019.

Full Year

Record net sales $1.96 billion, up 1 percent Comparable sales up 1 percent North America net sales up 3 percent EPS $1.06 versus $1.00 in prior year Record adjusted EPS $1.20 versus $1.14 in 2018 Cash from operations $204 million; free cash flow $172 million Returned $89 million to shareholders through share repurchases and dividends Repaid $71 million of debt

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