Business Management - Finance/Financial

RR Donnelley Reports Q4 2016 Net Sales Up 3.7% From Q4 of Previous Year
February 28, 2017 at 9:13 am

RR Donnelley has released its financial results for the fourth quarter 2016. The company reports that net sales in the quarter were $1.88 billion, up $67.0 million or 3.7% from the fourth quarter of 2015. This increase was primarily due to $80.4 million in net sales previously recognized by reporting units that are now part of LSC and Donnelley Financial and $14.0 million from the previously announced acquisition of Precision Dialogue, partially offset by a negative $16.1 million impact from changes in foreign exchange rates, a $6.3 million reduction related to dispositions completed earlier in the year and a consolidated net organic sales decline of 0.4%.