Business Management - Finance/Financial
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.
The reduced availability of raw materials and higher shipping and logistics costs require an adjustment in prices.
The amendment raises from 10% to 15% the level of beneficial ownership of RRD common stock.
Deluxe achieved strong cash flow, improved cash on hand and liquidity, held total debt steady, and reduced net debt.