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

“We finished the year in very good shape in our traditional businesses, even as the marketplace continues to change,” said Courier Chairman and CEO James Conway III. “Unfortunately, the combination of high development costs and slow sales at FastPencil cut into our earnings in book manufacturing throughout the year. In addition, we continued to face intense pricing pressure among key customers, for which increases in volume and share only partly compensated.