Vertis Acquisition Provides Financial Bump for Quad

For the first six months of 2013, net sales were $2.2 billion versus $1.9 billion for the same period in 2012, representing a 16 percent increase due to the Vertis acquisition. Year-to-date adjusted EBITDA was $225 million versus $238 million in 2012. Recurring free cash flow was $206 million for the first six months of 2013 compared to $167 million for the same period in 2012.