Overview Key strengths Key risks Strong market positions in niche categories and a diverse product portfolio. Highly acquisitive, resulting in temporary leverage increases. Consistent organic revenue growth in the low- to mid-single-digit percent range. Participation in highly competitive laundry category. Track record of deleveraging after acquisitions. Exposure to commodity and supply chain cost volatility. Historically, the company has met or exceeded that target. Most recently, for the first quarter ended March 31, 2023, C&D generated 5.7% organic revenue growth, volumes began to stabilize and were flat, and price and mix increased 5.7%. Its reported revenues grew 10.2%, with a 5.2% contribution from acquisitions and foreign exchange headwinds of 0.7%. C&D?s gross margin improved about 90 basis points due to favorable
