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ACCO Brands' (ACCO) CEO Boris Elisman on Q1 2018 Results - Earnings Call Transcript

May 01, 2018 10:02 PM ETACCO Brands Corporation (ACCO)
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ACCO Brands Corporation (NYSE:ACCO) Q1 2018 Results Earnings Conference Call May 1, 2018 8:30 AM ET


Jennifer Rice - VP of Investor Relations

Boris Elisman - Chairman, President and Chief Executive Officer

Neal Fenwick - Executive Vice President and Chief Financial Officer


Hamed Khorsand - BWS Financial

Chris McGinnis - Sidoti & Company

Kevin Steinke - Barrington Research

Bill Chappell - SunTrust

William Reuter - Bank of America

Hale Holden - Barclays


Good day, ladies and gentlemen, and welcome to the ACCO Brands First Quarter 2018 Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to introduce your host for today's conference, Jennifer Rice, Vice President, Investor Relations. You may begin.

Jennifer Rice

Good morning, and welcome to our first quarter 2018 conference call. Speaking on the call today are Boris Elisman, Chairman, President 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 accobrands.com. When speaking to quarterly results, we may refer to adjusted results. Adjusted results exclude transaction, integration, restructuring and financing-related costs and apply a normalized tax rate of 28% in the current year.

Schedules of adjusted results and other non-GAAP financial measures and a reconciliation of these measures to the most directly comparable GAAP measures are in this morning's earnings release and the slides that accompany this call. Due to the inherent difficulty in forecasting and quantifying certain amounts, we do not reconcile our adjusted earnings per share or tax rate guidance. For more information, see this morning's press release. Forward-looking statements made during the

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