Transcontinental Sees Strong Improvement in Profitability

• Revenues of $510.0 million, down 4% from $531.1 million in the same quarter in 2009.

The solid advances in operating income stem from the full impact of the rationalization measures implemented in fiscal 2009 and continuous improvement of operational efficiency. Transcontinental also strengthened its financial position, which enabled it to invest in the digital development of its Media Sector and its marketing communication operations, as shown by the acquisition of LIPSO, a Canadian leader in mobile solutions.