Cenveo Posts Net Loss on Net Sales Decline

Adjusted EBITDA in the first quarter of 2012 was $47.0 million, compared to Adjusted EBITDA in the first quarter of 2011 of $47.4 million.

Robert G. Burton, Sr., chairman and CEO, stated, “We are satisfied with our first quarter results, as our operations performed in line with expectations. We also accomplished several key initiatives during the quarter. We completed the dispositions of two non-core businesses allowing us to focus on our core label, specialty packaging, envelope, print and content management operations. During the quarter, we also completed a refinancing, which extends the majority of our near term debt out to 2017.