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Semper survey shows dramatic Q1 plunge in print profits

US printers had a sharp drop in first quarter profits despite a modest rise in sales revenues, the Semper International survey for Q1 2013 has found.

Quad/Graphics posts Q2 sales decline

Sussex WI-based Quad/Graphics reported a $20.8m Q2 net loss following a 4.4% year-on-year sales decline to $934m.

Ovation Graphics continues Dallas/Ft. Worth acquisitions

Ovation Graphics is continuing its consolidation in the Dallas-Ft. Worth area as it announced the purchase of Motheral Printing.

Presstek posts profit and points to drupa enthusiasm

Digital offset printing equipment supplier Presstek managed to squeeze out $500,000 Q1 EBITDA, as cost cutting helped offset a 13.9% sales decline compared with the same period last year to $27 million.

USPS suggests proposed structural changes could benefit direct mail in long run

On the surface, the dramatic changes proposed by the US Postal Service - including the potential closure/consolidation of nearly 250 processing facilities, a 50% reduction in mail processing equipment and the additional layoffs of as many as 35,000 workers - should set off alarm bells among direct mail printers across the country.

Quad/Graphics reports earnings decline

Quad/Graphics reported flat revenues compared to the same period in 2010 at US$1.07bn, with EBITDA down about 15% to US$126.7m for Q2 2011. However, the company's net loss improved to US10.2m compared with a loss of US$35.7m in the same period in 2010.

Credit climate for printers improving, remains under threat

The credit climate for the US printing industry has been slowly improving in recent years, but remains challenging and could take another plunge downward due to the current US economic turmoil according to the Printing Industry of America (PIA) body.

Consolidated Graphics reports profit drop

Despite a revenue rise, Consolidated Graphics (CGX) saw its stock plunge nearly 20% after it reported a decline in first quarter earnings that the company attributed to changes to its pension costs as well as a year-over-year decline in its printing business impacted by a lack of election-related work.

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