Company News, Financial News

Restructuring Costs May Cost

JohnsonDiversey Inc., Racine, WI, estimated total restructuring expenses for the period since acquisition of the DiverseyLever business from Unilver (as of May 3, 2002) to be approximately $43 million. The cash portion of that amount will be approximately $30 million, as stated during an investor teleconference on Dec. 16, 2002.
JohnsonDiversey executives believe that using a leverage ratio based on the period ended Sept. 27, 2002, as many analysts have, distort

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