Jarden Reports Record Results for 2010 Jan 26, 2011

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Small appliance maker Jarden Corp. announced preliminary results for the fourth quarter and full year ended Dec. 31, 2010, and expects revenue of at least $1.65 billion for 4Q 2010 and approximately $6.0 billion for the full year.

The record performance is based on continued strong organic revenue growth and contribution from acquisitions. Full year cash from operations is expected to exceed $250 million.

"The quarter's strong performance is the culmination of what was an outstanding year for Jarden," said Martin E. Franklin, chairman and CEO of Jarden about the preliminary results. "The improving consumer environment combined with the investments made in the business and the tuck-in acquisitions completed throughout the year resulted in record sales and segment earnings performance."

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