Champion’s Printing and Newspaper Segments Drag Revenues Down

Toney K. Adkins, president and chief operating officer, noted, “Our operating segments saw revenue stabilize for both printing and office products and furniture during 2011 compared with 2010. The newspaper revenues declined from the prior year primarily from decreases in national accounts. In general, the first quarter of 2011 was a solid improvement over the comparable quarter of 2010 and with an overall stabilization of revenues our goal will be to build from these levels.”