Business Management - Finance/Financial

To kick off the official launch of the PI Xchange Live video series, RR Donnelley (RRD) President and CEO Thomas J. Quinlan III sat down with Printing Impressions Editorial Director Mark Michelson to discuss RRD's organic growth and M&A strategy, how to best integrate diverse corporate cultures following an acquisition, and his outlook regarding the future and evolution of the printing industry.

In releasing its fourth quarter and full-year 2014 financial results, RR Donnelley said results were in line with previous guidance.

The current survey from Semper International reports the third straight quarter of profits for more than 80 percent of respondents. This reveals continued growth and optimism in the print and graphics industry. Since February 2003, Semper International has provided a quarterly survey offering estimates of trends in the printing and graphics industries.

Reporting on Cenveo's results for the fourth quarter and full year 2014, chairman and CEO Robert Burton, Sr., said they were in line with prior guidance as the company completed its integration of National Envelope's assets. "We expect to see the benefits of the integration through improved operational performance across our envelope platform in 2015," he continued.

Reporting on the end of its first quarter of FY 2015, USPS saw a 4.3 percent increase in operating revenue compared to last year.

For the quarter ended December 31, 2014, EFI reported record revenue of $211.1 million, up 7 percent compared to fourth quarter 2013 revenue of $197.2 million. Despite the significant negative impact of foreign exchange in the second half of the year, the company delivered a 9 percent revenue growth and a 14 percent increase in EPS.

Reporting financial results from the second quarter fiscal year 2015, Cimpress announced its revenue grew 19 percent year over year to $439.9 million. Excluding the impact of currency exchange rate fluctuations and revenue from businesses acquired during the past twelve months, revenue grew 7 percent year over year. "We delivered good results across the business in our second quarter," stated Robert Keane, president and CEO.

Deluxe Corp. has released its financial results for the fourth quarter ended December 31, 2014. Revenue increased 7.3 percent year-over-year due to the financial Services segment which included the results of Wausau Financial Systems, acquired in October 2014, and Destination Rewards, acquired in December 2013, and the Small Business Services segment which grew 5.8 percent.

Governor Andrew Cuomo of New York presented Finch Paper with an economic development grant yesterday, which will partially fund the company’s $20 million upgrades to its wood processing and converting operations, its pulp mill and its largest paper machine. Collectively, these upgrades will strengthen the company’s competitive position in uncoated freesheet paper.

Transcontinental Inc.'s revenue increase of 1.7 percent in the fourth quarter, from $562.6 million to $571.9 million, is mainly due to the contribution from the acquisitions of Capri Packaging and the Quebec weekly newspapers owned by Sun Media Corp., as well as new printing and distribution agreements.