Quad/Graphics Reports Mixed Results for Quarter, Fiscal Year
Given the industry’s ongoing competitive pricing environment, Quadracci noted that the company will continue its historic focus on improving operational excellence through lean manufacturing and continuous improvement initiatives as well as reinvesting in its platform.
“We are rapidly deploying lean manufacturing across our entire organization to achieve improved efficiencies, reduce waste, lower overall operating costs, enhance quality and timeliness, and create a safer work environment for our employees. As a result of our effective integration efforts and synergy achievements along with aggressive cost management, our Adjusted EBITDA of $224.2 million and Adjusted EBITDA margin of 16.2 percent marked a solid finish to our year,” Quadracci continued.
- Companies:
- Quad/Graphics