Business Management - Finance/Financial
Xerox Holdings Corporation announced today that it has closed its previously announced transactions with FUJIFILM Holdings Corporation.
LSC Communications Q3 financial report reveals free cash flow of $75 million and net sales down $181 million from Q3 2018.
Due to increased economic risk and greater competition, the market environment for Koenig & Bauer has become more demanding.
Heidelberg confirms its targets for financial year 2019/2020 as a whole, with sales at the same level as in the previous year.
The nation’s largest magazine printer entered the same shark-infested water that the country’s largest magazine publisher found itself.
Net sales in Q3 were $1.62B, down $30.1M or 1.8% from Q3 2018. The decrease includes a $13.4M impact from recent business dispositions.
Quad’s book printing business includes manufacturing operations in Kentucky, Pennsylvania and West Virginia, employing 1,350 workers.
The company plans to divest book business that generates annual sales of $200 million as part of ongoing portfolio optimization.
The restructuring plan over three years will reduce its global headcount of about 55,000 employees by 7,000-9,000 workers (13% to 16%).
Ennis reported revenues for Q2 ended Aug. 31, were $108.8 million compared to $98.6 million for the same quarter last year.