Courier Records Modest Declines in Q4, Net Loss for Fiscal Year

“It was a challenging year,” said Mr. Conway. “In book manufacturing, we did what was necessary to align our one-color capacity with market demand while also pushing ourselves to capture the full measure of efficiency from our advanced production platforms for four-color books and religious scriptures. In education, we were able to leverage our long-time familiarity with the college market and our ability to deliver outstanding four-color quality on short notice. Elsewhere, we continued to have excellent relationships with our customers but were hampered by the pervasive effects of the weak economy.