Quad/Graphics’ Sales Dip, but Earnings Rebound

On March 1, 2012, the company completed the sale of its Canadian business to Transcontinental. Quad/Graphics entered into a definitive agreement with Transcontinental on July 12, 2011, to essentially exchange its Canadian assets for Transcontinental's Mexican assets.

“We are pleased with our integration progress in Mexico, which we continue to believe is a promising growth market,” Quadracci noted.