Valassis Posts Revenue Decline, Reduces It 2011 Outlook

• Free-standing Inserts (FSI): Revenues for the third quarter of 2011 were $73.5 million, a decrease of 17.6 percent compared to the prior year quarter due to the aforementioned reduction in CPG programs. Industry volume decreased by approximately 10 percent. Segment profit for the quarter was a loss of $0.8 million, a decrease of 116.3 percent compared to the prior year quarter.