Champion Industries Returns to Profitability on Lower Sales

The newspaper segment reported sales of $15.5 million in 2010 compared to $16.4 million in 2009, a decrease of $0.9 million or 5.3 percent.

The sales compression experienced by the company was primarily attributable to the overall global economic crisis and the related impact on the core business segments in which the company operates, and is reflective of a continued difficult operating environment.