ACCO(ACCO) - 2023 Q4 - Annual Results

Exhibit 99.1 News Release ACCO BRANDS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS AND PROVIDES OUTLOOK FOR 2024 Company Exceeds Full Year 2023 Outlook Full Year • Reported net sales of $1.833 billion, with gross margin expanding 420 basis points • Operating income of $45 million; adjusted operating income grew 17% to $205 million • Loss per share of $(0.23); adjusted EPS of $1.09, above the Company's outlook • Net operating cash flow improved $51 million, generated adjusted free cash flow of $118 mill ...