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The following article was published in our article directory on August 30, 2010.
Learn more about SpinDistribute Article Distribution System.
Article Category: Business Management
Author Name: Amanda xzh
In early August, four large-scale printing company in North America on its official website have posted the second quarter 2010 earnings. Comprehensive observation of RR Donnelley, Cod graphics company, Sen Weiou printing company, the printing company's second quarter operating condition, they have different levels of business performance that the industry encouraged. At the same time, their earnings results also confirmed the U.S. leader in the printing industry associations (NAPL) at the beginning of this year to judge: the U.S. printing industry situation is improving, the economic foundation has been laid rebound.
RR Donnelley (RR Donnelley & Sons Company) 8 月 4 at its official website announced second-quarter earnings. Filing shows the second quarter of this year, the proceeds of the company to 88.8 million U.S. dollars, 42 cents a share, net sales of 2.4 billion, and shareholders for the period 2009 to 25.2 million U.S. dollars of proceeds from a share of 12 U.S. points, net sales, compared to 2.4 billion U.S. dollars, earnings have grown substantially, especially in earnings per share increased by nearly 3 times. However, the company's gross margin in the second quarter was 24.5%, with gross margin of 25.4% over the same period last year, compared to slightly down. The company stressed that the ongoing price pressure, paper sales, and the high bonus payments and other factors were partially offset by increased sales of the benefits of printing.
According to statistics, during the quarter, while profits in the U.S. print and related business sector net sales of 1.8 billion U.S. dollars, representing an increase of 1.6% over the same period last year. Excluding restructuring and impairment expenses, domestic sales of the operating margin increased to 10.1%, 9.2% over the same period last year. The company said that while the logistics services, materials, direct mail, commercial printing sales increased, but almost all areas of product prices have been reduced, affecting the realization of sales and increase revenue.
International business sector net sales for the 599.3 million U.S. dollars, compared with the same period in 2009, an increase of 4.3%. RR Donnelley, said, Asia, Europe and other regions increase sales a lot, but it also faces low disturbance. Excluding restructuring and impairment expenses, this part of the operating margin was 8.2%, 7.6% last year compared to operating margin also increased.
U.S. large commercial printing company Cod Photo Corporation (Quad / Graphics) has recently completed a world of color printing company (World Color Press Inc.) Acquisition, on August 10 the company announced on its Web site after the company merged in the second quarter and first half of the estimated operating income. Data show that the merger of two large companies showed a strong scale.
According to statistics, the company forecast second-quarter income Profit before tax, depreciation and amortization (EBITDA) was 148.3 million U.S. dollars, up 116.6 million U.S. dollars in 2009 increased by about 27%; estimated profit margin from 10.6% over the same period in 2009 increased to 13.8%; estimated net sales of 10.8 billion U.S. dollars, a year earlier to 1.1 billion.
As of June 30, 2010, the company forecast first half net sales of 21.7 billion U.S. dollars, a decrease of 100 million U.S. dollars, but the forecast profit before interest, tax, depreciation and amortization margin was 288.5 million U.S. dollars and 13.3 %, and last year's 220.3 million U.S. dollars and 9.7%, compared to significant improvement.
The company's executive vice president and chief financial officer, said, these data are consistent with their expectations, although the company still has good cost expenses, but the combined company has increased by 27% interest, taxation, depreciation and amortization profit.
August 11, the United States Sen Weiou large printing companies printing company (Cenveo, Inc.) Announced on its official website the second quarter and first half of this year's financial reports.
As of July 3, 2010 the second quarter of this fiscal year, Sen Weiou printing company's net sales of 445.3 million U.S. dollars, compared with the previous year's 397.6 million U.S. dollars over the same period increased by 12%. Meanwhile, in the first half of the net sales 899.2 million U.S. dollars, an increase of about 11%. According to analysis, the period increase was due primarily to Nashua last year and this year the printing company's acquisition of the half-year earnings for a week more than last year's sales data.
In the second quarter, Sen Weiou printing company's operating income was 19.4 million U.S. dollars, while last year the company lost 550 million dollars. First half of the total revenue of 31.6 million U.S. dollars, with 5.3 million U.S. dollars last year compared with losses, but also achieved profitability. In addition, in the quarter, the company is still 8.3 million U.S. dollars of net loss, and loss of 18.3 million U.S. dollars last year compared with losses significantly reduced losses in the first half of this year has reduced by 320 million. The company said the restructuring and impairment charges be reduced, but lower income tax revenue back to the wall has weakened to some extent, this part of the cost reduction benefits.
The company's president and chief executive officer Robert Burton said the company has made in the second quarter, very good operating results, the company's envelope and commercial printing business has improved so much, in the first half of the company's cash flow increased by 34 %. Meanwhile, the company's solution provider, a content acquisition in the second quarter also showed effects, not only enhances the company's market share, but also enhanced its in periodicals, book publishing business in the field of Terminal Services capabilities.
North America's leading business printing services, printing company, one of the unified (Consolidated Graphics, Inc.) 8 月 4 at its official Web site announced its second quarter earnings. Data show that, as of June 30, 2010, the company's operating income was 236.7 million U.S. dollars, up 4.8%. According to analysis, the revenue growth was driven by a large number of election-related sales, this one makes the same-store sales rose 2.3%. In addition, M & A initiatives has also increased this quarter's earnings.
Increase in sales and cost reduction of the background of the previous year, the company adjusted operating income of an increase of 9.7 million U.S. dollars, adjusted net income of 490 million, net income last year was 60 million, both compared to This year has greatly improved. Adjusted profit before interest, tax, depreciation and amortization was 27.1 million U.S. dollars, an increase of 35%.
The company's president and chief executive officer Joe Davis said that after 12 consecutive quarters of revenue decline in same-store sales this quarter finally realized growth. Although the economic situation has improved to some extent, but we found that many customers still uncertainty, and made more stringent requirements.
Looking at a large printing company in North America 4 Second Quarterly Bulletin can be found, the North American printing industry continues streaming, commercial printing industry is changing rapid integration with the Shi Qi, Ji Jia large companies have been combined Tongshi major and minor Companies will also be gradually phased out or re. In the four large-scale printing company's second quarter earnings report, there are three companies are referred to the positive impact of the acquisition to bring them, we can see the ongoing consolidation in the industry to be very successful. Can not be avoided, the ongoing problems caused by price pressure is also becoming increasingly apparent negative effects, such as RR Donnelley in its earnings report repeatedly stressed the impact of price pressures on its business.
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