Net sales were $706 million in Q1 of 2021, down 14% from the same period in 2020, primarily due to COVID and ongoing volume pressures.
Business Management - Finance/Financial
RRD announced the pricing of an add-on offering of $50 million aggregate principal amount of the company’s 6.125% senior secured notes.
Koenig & Bauer entered 2021 on a strong note, posting a 5.3% increase in order intake over the previous year to €286.0m
On this episode of The Week that Was, RRD reported financial results for Q1; LPI purchased multiple 41″ Scodix Ultra 6000 presses; the PRC released its Financial Analysis of the USPS for 2020; and Mark Michelson discusses ENPOINTE's rebranding with the company's VP of sales and president of its agency.
RR Donnelley reported an operating cash flow $61 million better in the quarter than in the prior year, but a 3.6% decline in net sales.
RR Donnelley completed an amendment to the credit agreement for its senior secured asset-based revolving credit facility.
On this episode of The Week that Was, Editor-in-Chief Mark Michelson talks with Chris Falco about the 100% bonus depreciation allowance; RRD announced pricing of senior secured notes; we share two more Rising Stars; and the PRINTING United Alliance Premier PRINT Awards competition is now open!
RR Donnelley announced the pricing of an offering of $400 million aggregate principal amount of 6.125%.
Cimpress announced plans to raise a senior secured Term Loan B of approximately $1.15B to repay existing secured debt.
The 100% bonus depreciation stimulus written into the 2018 Tax Cuts & Jobs Act makes new equipment purchases much more cost-effective.