Courier Records Net Income Gain Compared to Net Loss in Q2 2011

Gross profit for the first half of fiscal 2012 was $21.6 million, or 19.4 percent of sales, compared to $20.3 million, or 18.7 percent of sales. This improvement in gross profit margins in a competitive pricing environment reflects a favorable sales mix, operating efficiencies enabled by recent technology investments, and the closing of a redundant one-color plant last March.