Digital Sales Growth Drives Courier’s Positive Revenue Results

The segment’s gross profit, excluding restructuring costs, was $19.6 million in the fourth quarter, vs. $18.0 million a year ago. Gross profit for fiscal 2012 as a whole was $51.7 million, excluding restructuring costs, compared to $49.9 million last year. Despite intense price competition and reduced recycling income, the segment’s margins improved because of a favorable sales mix and continued gains in operating efficiency made possible by recent technology investments and the consolidation of one-color capacity.