Courier Reports Year-End Financial Results: Revenue Up 5 Percent; EBITDA Comparable to Previous Year

The book manufacturing segment focuses on three markets: education, religion, and trade. Sales to the education market were $39 million in the fourth quarter, down 1 percent from the previous year. For the year, education sales were $118 million, up 5 percent from fiscal 2013, driven by growth in sales of elementary and high school textbooks. Sales to the religious market were $19 million in the quarter, up 2 percent from last year. For fiscal 2014 as a whole, religious sales were $72 million, up 4 percent over fiscal 2013. Sales to the trade market were $17 million in the quarter and $61 million for the year, up 3 percent from last year.