Visant Corp. Reports Dip in Net Sales and Income
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Visant also reported consolidated EBITDA (earnings before net interest expense, provision for income taxes and depreciation and amortization expense) of $292.7 million for fiscal year 2010, a decrease of 4 percent compared to $304.7 million for fiscal year 2009.
Visant’s consolidated Adjusted EBITDA (defined in the accompanying summary of financial data) was $340.1 million for fiscal year 2010, an increase of 3 percent compared to $330.2 million for the comparable period in 2009.
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