CENVEO INC. — REBUILDING WINNERS
Cenveo is taking a “combined program sell” mentality toward printing, one that leverages offset and digital printing to fulfill customers’ needs.
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Erik Cagle
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“There are times, from a business perspective, that you need to look at the needs of the many as opposed to the needs of the few,” the former co-worker adds. “If he has to lay off 500 people out of 10,000, that means 9,500 jobs are being saved.”
For better or for worse, the Team Burton game plan has essentially remained the same—revenues, expenses and margins, and what margins are deemed as acceptable. And for public companies, of course, it is EPS that floats (or sinks) investor boats. Burton points out that for the fourth quarter 2005, Cenveo EBITDA was up 26 percent versus the prior year. He has projected 50 cents EPS for 2006.
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