Acquisitions Boost Transcontinental’s Revenues; Agreement with Hearst Renegotiated

For the Printing Sector, the acquisition of Quad/Graphics Canada, which was completed on March 1, 2012, should generate close to $200 million in annual revenues and a net increase in adjusted operating income before amortization of more than $40 million by the end of 2014, of which $11.4 million was realized in 2012. In the midst of this transaction, the corporation began reorganizing its printing operations in Canada by ensuring the use of its most productive equipment. Moreover, black-and-white book printing operations were sold in 2012. A number of multi-year agreements with retail customers and with Rogers, valued at more than $1.75 billion, were renewed and expanded.