Schawk Sees Growth Overseas, but Reduced Activity in the Americas
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President and CEO David A. Schawk commented, “We continued to see client expansion in global markets as evidenced by our growth in Europe and Asia during 2011, thereby reflecting our clients’ strategies to invest more in emerging markets relative to the more mature markets. However, we also saw reduced activity in the Americas, particularly in the food and beverage categories and with our advertising and retail accounts clients as they continued to reduce their promotional activities. Overall, we believe our global scope and breadth of capabilities positions us well to capitalize on opportunities in all markets as the economy improves.”
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