SUSSEX, WI—Quad/Graphics Inc. has reported results for its first quarter ending March 31. Net sales for the first quarter of 2014 were $1.1 billion, down approximately 2 percent quarter-over-quarter. First quarter 2014 adjusted EBITDA was $107 million compared to $114 million for the same period in 2013, and first quarter 2014 adjusted EBITDA margin was 9.7 percent compared to 10.1 percent in the first quarter of 2013.
Courier Corp. has released its results for the quarter ended March 29, 2014, the second quarter of its 2014 fiscal year. Revenues were $61.4 million, off slightly from $61.8 million in last year’s second quarter. “For years our financial results have reflected the seasonal nature of our business, with a slow second quarter paving the way for a stronger second half,” said Courier chairman and CEO James F. Conway III.
Joel Quadracci, Quad/Graphics chairman, president and CEO, reports that the company's first quarter ending March 31, 2014, was inline with its expectations. "We continue to focus on ways to grow market share and remain disciplined in our approach to improve productivity and create sustainable cost reduction initiatives; maintain a strong and flexible balance sheet; invest in our business; and pursue value-driven consolidation opportunities like Brown Printing."
VENLO, THE NETHERLANDS—Vistaprint N.V., an online provider of professional marketing products and services to micro businesses and the home, announced financial results for the three month period ended March 31, the third quarter of its 2014 fiscal year.
Vistaprint N.V. has announced financial results for the three month period ended March 31, 2014, the third quarter of its 2014 fiscal year. "This is the first quarter in the past 14 years in which our revenue declined year over year," said Robert Keane, president and CEO.
Tribune Co. today reported its results for the fourth quarter and year ended December 29, 2013. Consolidated Revenues in the fourth quarter of 2013 were $773 million compared to $871 million in the fourth quarter of 2012. This represented a decline of $97 million, or 11 percent.
When completed by mid-2016, Resolute Forest Products' $105 million upgrade to its Calhoun, TN-based pulp and paper mill will significantly lower the mill's costs, increase its pulp capacity and improve the mill's versatility. In addition to creating approximately 50 new jobs to join the 480 employees currently at the mill, Resolute expects the project's implementation to produce efficiencies from better wood yield and lower steam and chemical usage.
SUSSEX, WI—Quad/Graphics Inc. reported fourth quarter and full-year 2013 results. Prior year financial results do not include the acquisition of Vertis Inc., which was acquired on Jan. 16, 2013.
Quad/Graphics Inc. has reported fourth quarter and full-year 2013 results. Prior year financial results do not include the acquisition of Vertis Inc., which was acquired on January 16, 2013. "Our fourth quarter and full-year 2013 results met our expectations, and we were especially pleased with our continued strong cash flow generation," said Joel Quadracci, Quad/Graphics chairman, president and CEO.
Cenveo Inc. generated net sales of $509.9 million for the three months ended December 28, 2013, compared to $437.7 million for the same period last year, an increase of 16.5 percent. The company generated net sales of $1.8 billion for the year ended December 28, 2013, compared to $1.7 billion for the prior year.
