Multi-Color Recognized in the Forbes 200 Best Small Companies
October 28 2008 - 11:37AM
PR Newswire (US)
SHARONVILLE, Ohio, Oct. 28 /PRNewswire-FirstCall/ -- Multi-Color
Corporation has been listed on Forbes 200 Best Small Companies for
the second straight year in a row! Multi-Color moved up 25 spots to
#61 within this prestigious group. Forbes judged candidates with
revenues between $5 million and $750 million and share prices above
$5 as of October 1, 2008 -- according to return on equity, as well
as sustained sales and net profit growth over 12-month and
five-year periods. Multi-Color's impressive financial performance
includes a 5-year annual revenue growth of 16%, and earnings per
share growth of 15%, giving investors an overall 5-year annual
return of 19%! "Being selected for the Forbes list of Best Small
Companies once again is truly an exciting achievement for us," said
Frank Gerace, president and chief executive officer of Multi-Color
Corporation. "It solidly reflects the hard work and commitment of
all Multi-Color associates who have brought high value products and
service to our customers -- and high return to our shareholders in
the process." "We have recorded our tenth consecutive year of
increased sales and operating income, and our fourth consecutive
year of rewarding shareholders with a quarterly dividend," he
added. About Multi-Color Corporation
(http://www.multicolorcorp.com/) Sharonville, Ohio based
Multi-Color Corporation provides leadership in Global Label
Solutions through its two business units: North American Business
Unit and International Business Unit. Established in 1916,
Multi-Color has grown to support the world's most prominent brands
including leading producers of Health & Beauty, Food &
Beverage, Personal Care, Automotive and Household Brands.
Multi-Color acquired Collotype Labels on February 29, 2008.
Collotype was established in 1903 in Adelaide, South Australia and
has grown to become the world's largest and most awarded pressure
sensitive Wine & Spirits label printer. Multi-Color is now the
world's largest producer of in-mold labels and one of the largest
producers of pressure sensitive and heat transfer labels and a
major manufacturer of high-quality wet glue labels and shrink
sleeves. Multi-Color has 14 manufacturing locations worldwide; 8 in
the U.S., 5 in Australia and 1 in South Africa. Safe Harbor
Statement The Company believes certain statements contained in this
report that are not historical facts constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, and are intended to be covered by the safe
harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve known and unknown
risks, uncertainties and other factors which may cause actual
results, performance or achievements to differ materially from
those expressed or implied. Any forward-looking statement speaks
only as of the date made. The Company undertakes no obligation to
update any forward-looking statements to reflect events or
circumstances after the date on which they are made. Statements
concerning expected financial performance, on-going business
strategies, and possible future actions which the Company intends
to pursue in order to achieve strategic objectives constitute
forward-looking information. Implementation of these strategies and
the achievement of such financial performance are each subject to
numerous conditions, uncertainties and risk factors. Factors which
could cause actual performance by the Company to differ materially
from these forward-looking statements include, without limitation,
factors discussed in conjunction with a forward-looking statement;
changes in general economic and business conditions; the ability to
consummate and successfully integrate acquisitions; the success and
financial condition of the Company's significant customers;
competition; acceptance of new product offerings; changes in
business strategy or plans; quality of management; the Company's
ability to maintain an effective system of internal control;
availability, terms and development of capital; cost and price
changes; availability of raw materials; business abilities and
judgment of personnel; changes in, or the failure to comply with,
government regulations, legal proceedings and developments;
increases in general interest rate levels affecting the Company's
interest costs; and terrorism and political unrest. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. DATASOURCE: Multi-Color Corporation
CONTACT: Dawn H. Bertsche, Chief Financial Officer of Multi-Color
Corporation, +1-513-345-1108 Web site:
http://www.multicolorcorp.com/
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