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SUSSEX, WI—Quad/Graphics Inc. has reported results for its first quarter ending March 31. Net sales for the first quarter of 2014 were $1.1 billion, down approximately 2 percent quarter-over-quarter. First quarter 2014 adjusted EBITDA was $107 million compared to $114 million for the same period in 2013, and first quarter 2014 adjusted EBITDA margin was 9.7 percent compared to 10.1 percent in the first quarter of 2013.
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