“I am optimistic about the coming quarters, even though the economic context is still unstable,” said Olivier. “Our already enviable financial position should continue to improve given the dual impact of our higher operating income and, with the end of the major investments in print infrastructures, the decrease in our capital expenditures. We will thus be in an excellent position to make targeted strategic acquisitions in new media and digital technology. We will also continue to develop our offering to meet the growing demand from our customers for custom marketing programs tied in with one-to-one advertising and mobile technology. We will also continue to identify possibilities for synergies across the Corporation, notably by integrating our service offering and getting the most out of our top-performing equipment.”