ICR: BB-
Outlook: Stable
ACCO designs, produces and markets business office and educational supplies, including items for note-taking, organization and filing, stapling and laminating, and computer accessories. Leading suite of office supply brands includes Swingline, Five-Star, Mead and others. In 2023, Organization & Storage products accounted for 31% of sales, Learning & Creative for 30%, Equipment for 22%, and Technology Accessories for 17%. The company operates internationally, with North America accounting for 48% of revenues in 2023, EMEA for 30% and International (Australia and South America) for 22%. The company manufactures about 40% of its products in its facilities and sources the remaining 60% from lower cost countries primarily in Asia.
ICR: BB-
Outlook: Stable
ACCO designs, produces and markets business office and educational supplies, including items for note-taking, organization and filing, stapling and laminating, and computer accessories. Leading suite of office supply brands includes Swingline, Five-Star, Mead and others. In 2023, Organization & Storage products accounted for 31% of sales, Learning & Creative for 30%, Equipment for 22%, and Technology Accessories for 17%. The company operates internationally, with North America accounting for 48% of revenues in 2023, EMEA for 30% and International (Australia and South America) for 22%. The company manufactures about 40% of its products in its facilities and sources the remaining 60% from lower cost countries primarily in Asia.
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