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The company indicated that part of the decrease was a result of non-recurring items resulting from the restructuring of BIC Graphics North America and Norwood, which had been anticipated. Further, the company stated that this restructuring would ameliorate costs for the future, and that customer service functions following the restructuring had returned to normal levels. "We remain committed to the BIC APP long-term business plan while making all the necessary adjustments," Guevara said.
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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