Transcontinental Posts ‘Best Operating Performance in Its History’

“I am very optimistic about the future,” Olivier continued. “Having started printing The Globe and Mail on our new Canada-wide network of hybrid presses in October, the three major capital projects in which we have invested some $700 million since 2007 are now fully operational. This will lead to significant cash inflows in 2011 and thereafter. We will use this to further reduce our debt levels and continue investing in the development of new digital and interactive marketing services.”