Transcontinental Again Generates Organic Revenue and Profit Growth

Similarly, adjusted operating income increased 5 percent, from $58.3 million to $61.3 million, representing the eighth consecutive quarter of year-over-year growth, while the adjusted operating income margin increased from 11.4 percent to 11.9 percent. This increase was mainly due to the contribution from new contracts coupled with the synergies associated with the use of our most productive assets and continued efficiency improvement initiatives in the printing sector. It was partially compensated by continued strategic investments in the media and interactive sectors and more intense competitive pressures in some of our niches.