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Meadwestvaco Corp Comments On Q3 2012 Earnings Guidance; Reaffirms Long Term Guidance


Wednesday, 25 Jul 2012 07:15am EDT 

Meadwestvaco Corp announced that in the third quarter of 2012, it expects earnings to be lower compared to year-ago levels on a continuing operations basis due to weakening global demand, unfavorable foreign currency and lower land sales. This, along with sustained momentum with its profitable growth strategy that includes commercial excellence, innovation, emerging markets, and expanded participation with new technologies, gives The Company confidence in achieving its three to five year performance goals of 5% -plus annual sales growth and 7% to 10% annual earnings growth. 

Company Quote

43.71
0.18 +0.41%
11 Jul 2014