Visant Corp.'s Income Increases, Sales Flat
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Adjusted EBITDA for the Memory Book segment increased $4.0 million, or 3%, to $144.9 million for the second fiscal quarter of 2010 compared to $140.9 million for the prior year comparative period. The increase in Adjusted EBITDA was primarily due to the impact of cost efficiencies.
Adjusted EBITDA for the Marketing and Publishing Services segment increased $4.0 million, or 21%, to $23.1 million during the second fiscal quarter of 2010 from $19.1 million in the second fiscal quarter of 2009. This increase was primarily attributable to higher volume in our sampling operations, synergies from facility consolidations and other operational cost reductions.
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