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ACCO Brands' (ACCO) CEO Boris Elisman on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 10:43 AM ETACCO Brands Corporation (ACCO)
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ACCO Brands Corporation (NYSE:ACCO) Q1 2020 Earnings Conference Call May 5, 2020 8:30 AM ET

Company Participants

Christine Hanneman – Senior Director of Investor Relations

Boris Elisman – Chairman, President and Chief Executive Officer

Neal Fenwick – Executive Vice President and Chief Financial Officer

Conference Call Participants

Chris McGinnis – Sidoti & Company

Kevin Steinke – Barrington Research

Joe Gomes – NOBLE Capital

Brad Thomas – KeyBanc Capital Markets

Ed Brucker – Barclays

Karru Martinson – Jefferies

Hamed Khorsand – BWS Financial

Bill Chappell – SunTrust


Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2020 ACCO Brands Corp. Earnings conference Call. At this time, all participant lines are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Christine Hanneman. Please go ahead.

Christine Hanneman

Good morning. This is Christine Hanneman, Senior Director of Investor Relations. Welcome to ACCO Brands First Quarter 2020 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 can accompany this call have been posted to the Investor Relations section of accobrands.com. When speaking about our results, we may refer to adjusted results. Adjusted results exclude transaction, integration and restructuring costs and reflect an adjusted tax rate. 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 the earnings release and slides that accompany this call.

Due to the inherent difficulty in forecasting and quantifying certain amounts, we do not reconcile our forward-looking

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