Business Management - Finance/Financial
R.R. Donnelley & Sons Company reported fourth-quarter net sales of $2.8 billion grew 3.6 percent from the fourth quarter of 2012; organic sales grew 2.3 percent in the quarter.
For the fourth quarter of 2013, Standard Register reported revenue of $242.0 million and net income of $9.1 million or $1.14 per diluted share compared to revenue of $143.6 million and a net loss of $35.3 million or $6.03 per diluted share for the fourth quarter of 2012.
InnerWorkings Inc. has announced record revenue and adjusted operating cash flow in the fourth quarter and full year, and forecasts 8 to 12 percent revenue growth in 2014.
Government Print Management’s Top 50 GPO Suppliers Report for the fourth quarter of 2013 features 15 printers who were not on the third quarter report. While the names are not necessarily new to GPO printing; the fact that 30 percent of the top suppliers are different from one quarter to another is novel.
International Paper reported full-year 2013 net earnings attributable to common shareholders totaling $1.4 billion ($3.11 per share) compared with $794 million ($1.80 per share) in full-year 2012. "International Paper delivered record operating earnings and cash from operations in 2013, largely driven by margin expansion across key businesses," said John Faraci, chairman and CEO.
Vistaprint N.V. has announced financial results for the three month period ended December 31, 2013, the second quarter of its 2014 fiscal year. Revenue for the second quarter of fiscal year 2014 grew to $370.8 million, a 6 percent increase over revenue of $348.3 million reported in the same quarter a year ago.
For the quarter ended December 31, 2013, EFI has reported record revenue of $197.2 million, up 13 percent compared to fourth quarter 2012 revenue of $174.1 million. "The EFI team delivered a record fourth quarter with strong execution, driving double-digit growth across all segments and regions and capping a terrific 2013," said Guy Gecht, CEO of EFI.
Deluxe Corp. announced its financial results for the fourth quarter ended December 31, 2013. Revenue of $417.8 million was above the mid-point of the range in the prior outlook and adjusted diluted EPS exceeded the high end of the range in the prior outlook. The strong earnings performance was driven primarily by better operating margins in Small Business Services and Financial Services and a lower effective tax rate.
According to the International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker, the worldwide large-format printer market grew 6.2 percent year over year with 77.7 thousand units shipped in the third quarter of 2013 (3Q13).
The industry continues to shrink, as evidenced by a brisk 2013 transaction season, capped by the jaw-dropping pickup of Consolidated Graphics by RR Donnelley. And while it was by far and away the biggest deal in '13, a glimpse at the PI 400 can provide further evidence of a shrinking market.