Agfa-Gevaert has announced its third quarter 2013 results. The company reports that Group revenue was impacted by strong currency effects, the product portfolio rationalization, the weak economic conditions and the decline of the analog businesses
Visant Corp. has announced results for its third fiscal quarter ended September 28, 2013, including consolidated net sales of $207.6 million, compared to $206.9 million for its third quarter ended September 29, 2012, an increase of approximately 0.3 percent. Visant reported a consolidated net loss of $27.0 million for the third quarter of 2013 compared to a net loss of $19.5 million for the third quarter of 2012.
Eastman Kodak has reported a net income for the third quarter of $1.99 billion. Excluding reorganization items and discontinued operations, the net loss for the third quarter of 2013 was $155 million.
Koenig & Bauer (KBA) has scaled down its expectations for 2013. Although previous restructuring measures are taking effect, in the first nine months KBA’s sales and order figures suffered substantially due to market and economic developments.
Even after its third bankruptcy and subsequent takeover by Quad, Vertis continues as the model of margin compression and value destruction we all wish would go away. It has a ghost of the past, a ghost of the present, and it’s sure to have a ghost of the future.
NewPage reports that its net income in the third quarter of 2013 was $21 million compared to a net loss of $47 million in the third quarter of 2012. The increase was primarily driven by improved gross margin and lower reorganization items from the prior-year quarter.
Cenveo Inc. has reported its financial results for the three and nine months ended September 28, 2013. The results include the effect of the acquisition of certain assets of National Envelope on September 16, 2013 while the custom envelope division is reported as a discontinued operation.
Consolidated Graphics (CGX) announced its financial results for its second quarter ended September 30, 2013. Revenue for the September 2013 quarter was $256.1 million, compared to $263.6 million for the same quarter last year. The 2.9 percent decline in revenue was primarily caused by an expected decline in election related business.
The third quarter results from InnerWorkings reveal its core enterprise business has remained strong. Revenue increased 16 percent to $232.6 million, compared to $199.8 million in the third quarter of 2012.
R.R. Donnelley & Sons net sales of $2.6 billion grew 4.2 percent from the third quarter of 2012, with an organic revenue growth of 2.2 percent in the quarter. "As we communicated in our October 24th announcement, we are very pleased with our third-quarter performance," said Thomas J. Quinlan III, R.R. Donnelley's president and CEO.
