Thursday, June 18, 2009

North American Printers Post First Quarter Loss

We reported, in this section, earlier this year on printer's financial results, PPI just released the following:
A composite of seven major commercial printing companies in North America posted a first quarter loss of $30 million, according to a PPI Pulp & Paper Week survey. It was the group’s first quarterly loss in more than five years. Combined sales for the seven firms declined 19% compared with first quarter 2008 and by 15% from the fourth quarter 2008.

2 comments:

Anonymous said...

Unless the economy improves, I would bet plenty of mergers to happen for printers.

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