Worldcolor Narrows Loss on Lower Revenues in First Quarter 2010
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“This is the third consecutive quarter in which we have increased our adjusted EBITDA and adjusted EBITDA margins compared to the same period in the prior year, in each case in an amount that exceeded our expectations. We saw a direct benefit from our restructuring and other cost containment initiatives announced last year and which continued in the first quarter,” said Mark Angelson, Chairman and CEO of Worldcolor. “These measures, as well as the streamlining of our North America printing operations into one platform, have enabled us better to serve our customers and to improve our results despite challenging market conditions and continued lower advertising spending.”
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- Quebecor World
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