Jarden reaffirms outlook
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- March
- 3
Jarden Corp., the Rye-based consumer products company, reaffirmed its 2009 outlook at an analyst and investor presentation today at the New York Stock Exchange in Manhattan.
During the event, members of the Jarden management team outlined strategies for executing in a turbulent economy, discussed long-term growth opportunities and reviewed new products arriving at stores this year. Managers also rang the closing bell at the exchange.
Jarden, a maker of niche consumer products, including Mr. Coffee and Coleman camping equipment, said that it expects revenue of about $5 billion and free cash flow of more than $250 million in 2009.
“We believe that our relatively strong performance in the current recessionary environment should translate into meaningful organic growth as the economy recovers,” Chief Executive Officer Martin E. Franklin said in a written statement.
This entry was posted
on Tuesday, March 3rd, 2009 at 6:02 pm by Jay Loomis.
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