Business Management - Finance/Financial

Given the continued challenges, Day International continues to face cost increases across the global supply chain.

On this episode of The Week that Was, RRD and Quad both released Q2 and YTD financials this week; RRD is embroiled in a conflict with Chatham Asset Management; and Avery Dennison will acquire Vestcom.

Chatham Asset Management wants RRD to not renew its “Poison Pill” rights plan and instead review its assets with an external advisor.

Heidelberg has made a positive start to financial year 2021/2022, with increased sales for the quarter.

Net sales in the second quarter were $1.15 billion, up $136 million or 13.5% from the same period in 2020.

Quad released Q2 and YTD financials, revealing increased net sales driven by higher print, logistics, and agency solutions sales.

Scodix has announced that the Tel Aviv Stock Exchange now includes Scodix as a publicly traded company, under the ticker symbol SCDX.

Revenues were $96.9 million for the quarter compared to $89 million for the same quarter last year, an increase of 8.9%.

IWCO Direct announced a new strategic plan to invest approximately $50 million during the next two years.

Heidelberg says the comprehensive transformation it initiated before the pandemic hit has made the company leaner and more efficient.