Transcontinental Ends Fiscal 2013 with a Steady Performance
Other Highlights for Fiscal 2013
Printing Sector
In fiscal year 2013, our Printing Sector recorded a significant increase in adjusted operating income of 12 percent, or $23 million, to reach $223 million. The integration of Quad/Graphics Canada, Inc.'s operations generated $30 million in synergies in 2013 and $40 million since the acquisition in March 2012. During fiscal 2013, we concluded several multi-year agreements valued at over $40 million per year, including an agreement with Safeway U.S. to print flyers at our plant in Fremont, California; a five-year agreement to print the Calgary Herald and the Vancouver Sun, both owned by Postmedia Network; and an agreement with Shoppers Drug Mart/Pharmaprix for in-store marketing, a promising new niche.
- Companies:
- Transcontinental Inc.