Schawk Sees Growth Overseas, but Reduced Activity in the Americas

DES PLAINES, IL—March 6, 2012—Schawk Inc. reported its net income in the fourth quarter of 2011 was $5.8 million vs. $6.3 million in the fourth quarter of 2010. Its net income for the full year of 2011 was $20.6 million, compared to $32.4 million for the comparable prior-year period.

Business and system integration expense related to the company’s ongoing information technology and business process improvement initiative increased $2.2 million and $7.2 million for the fourth quarter and full year, respectively, compared to the prior-year comparable periods, which contributed in part to the overall decline in net income.