Quad/Graphics Reports Flat Sales, Details Plant Closures

Year-to-Date

For the nine months ended Sept. 30, 2010, pro forma net sales were $3,379.6 million compared to $3,511.9 million in the same period in 2009. Pro forma Adjusted EBITDA and pro forma Adjusted EBITDA margin were $447.7 million and 13.2% compared to $417.6 million and 11.9% in the same period in 2009. As reported net sales were $2,006.6 million compared to as reported net sales of $1,275.9 million in the same period of 2009. On an as reported basis, Adjusted EBITDA was $278.8 million compared to $223.0 million in the same period in 2009.