Transcontinental Again Generates Organic Revenue and Profit Growth
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MONTREAL—June 8, 2011—Transcontinental’s revenues increased 1 percent in the second quarter of 2011, from $510.0 million to $514.7 million. This increase was primarily due to a number of new contracts, most notably from the expanded relationship with The Globe and Mail. Excluding acquisitions, divestitures and closures, the impact of the exchange rates and the paper component variance, organic revenue growth was 3 percent, with all three sectors contributing.
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