LSC Communications Completes Acquisition of CREEL

Sustainability is no longer just an option in today’s world – it's a necessity. As a result, a growing number of companies in the printing industry are taking significant strides to reduce their carbon footprint. One initiative leading this change is the Carbon Balanced Paper and Print program designed to offset carbon emissions of printing operations through the conservation efforts of World Land Trust (WLT). Globally, 78 printing companies have now carbon balanced their annual greenhouse gas emissions via the Carbon Balanced program. The program has been particularly successful in the UK and Ireland where 77 printers have signed up. The North American program, launched in late 2023, is gaining traction with the addition of its first printer, Hudson Printing from Salt Lake City. “Taking responsibility for our carbon impact was the natural next step, and we are thrilled to be part of the new Carbon Balanced Printer program in North America. Sustainability is important to the people at Hudson and important to our customers. While we work to reduce our carbon impact, we are delighted that our offset commitment supports the conservation efforts of World Land Trust,” says CEO and owner Paul Hudson.

Q4 2022 - Revenue of $1.94 billion, up 9.2 percent year-over-year or up 13.9 percent in constant currency. GAAP earnings per share (EPS) of $0.74, up $4.71 year-over-year. Prior year Q4 GAAP EPS includes an after-tax non-cash goodwill impairment charge of $4.38 per share. Operating cash flow of $186 million, down $12 million year-over-year. Free cash flow of $168 million, down $14 million year-over-year. FY 2022 - Revenue of $7.11 billion, up 1.0 percent year-over-year, or up 4.8 percent in constant currency. GAAP loss per share of $2.15, up $0.41 year-over-year. Both the current year and prior year include after-tax non-cash goodwill impairment charges of $2.54 and $4.08 per share, respectively. Operating cash flow of $159 million, down $470 million year-over-year. Free cash flow of $143 million, excluding a one-time product supply termination charge, down $418 million year-over-year.

Embracing the theme ‘Experience. Transformation,’ Sun Chemical will present pioneering digital solutions designed to elevate business innovation across the industry. Visitors of booth #C3031 can explore the multitude of Sun Chemical’s products and services designed to transform printing capabilities, including offerings for direct-to-film, wide and super wide format, digital printing and more. “We are thrilled to showcase our solutions at this year’s PRINTING United Expo,” said Christine Medordi, Sales Manager – North America, Sun Chemical. “A premier exhibition for North America’s printing industry, this show gives us an opportunity to display how our printing technologies meet current market demands and offers us a chance to engage with both new and existing customers. We look forward to demonstrating how our products can drive transformative outcomes for their businesses.”