Business Management - Finance/Financial
Quad/Graphics, Inc. has reported fourth quarter and full-year 2016 results, with net sales of $1.2B and full-year net sales of $4.3B.
During the third quarter, Heidelberg’s operating result (EBITDA) and the net result after taxes improved further compared to the same quarter of the previous year. A large number of orders placed at drupa for presses with longer delivery times that were presented at and ordered during the trade show will be supplied on schedule in the fourth quarter. The series launch of these products at the end of the financial year will also generate higher sales and a better results than in the previous year.
Verso Corp. was approved for a six-year $1.2M tax incentive by the Ohio Tax Credit Authority, ahead of a move that consolidates its Memphis, Tenn., headquarters with its larger Miamisburg, Ohio, facility. Verso officials said that the move should be completed by the end of the second quarter, reported the Dayton Business Journal.
In 2016, the SpeedPro Imaging franchise generated $58 million in system-wide revenue, representing a 14% year over year increase.
Participants will learn the key elements of the plan to successfully transfer leadership and ownership of a printing & packaging firm.
Deluxe Corp. has announced its financial results for the fourth quarter ended December 31, 2016.
Cimpress has announced its intention to implement organizational changes that will deeply decentralize the company’s operations.
EFI reported record fourth quarter revenue of $266.7 million, up 4% compared to fourth quarter 2015 revenue of $256.5 million.
In 2016, Fastsigns International signed 63 franchise agreements with new and existing franchisees in the U.S., Canada and U.K.
There is no question that 2017 will usher in a unique political scenario. When President-elect Donald Trump takes office in January 2017, along with GOP majorities in both houses of the 115th Congress, there will be a unified Republican government for the first time in 88 years. What this means for the printing industry remains to be seen, but what is clear is that Trump’s policy proposals suggest that there are both opportunities and challenges ahead.