Quad/Graphics Reports a Small Net Sales Decline

Given rapidly evolving changes in the book publishing industry, the company continues to keep a close watch on industry action and activities, and is adjusting its business accordingly.

“During the quarter, we saw declines in the books segment fueled by publishers reducing or altogether canceling orders in the face of Borders’ liquidation. In addition, product mix preferences continue to change between hard cover and soft cover books. We continue to make the necessary and desired investments to meet our customers’ changing needs, including shorter runs and highly advanced digital printing capabilities for print-on-demand,” the company’s chief exec added.