Quad/Graphics Reports Flat Sales, Details Plant Closures

Three Months

For the three months ended Sept. 30, 2010, as reported net sales were $1.209 billion compared to pro forma net sales of $1.244 billion in the same period in 2009. As reported Adjusted EBITDA and Adjusted EBITDA margin were $159.2 million and 13.2% compared to pro forma Adjusted EBITDA and pro forma Adjusted EBITDA margin of $197.3 million and 15.9% in the same period in 2009.