Flint Group announces a global price increase due to continued inflation

R.R. Donnelley & Sons Company announced it is expanding its labels production capacity with the installation of four new presses in ISO 9001:2015 certified facilities across the U.S. The presses will deliver faster total throughput, enhancing efficiency and flexibility to support clients’ diversified needs. All presses are expected to be fully operational by midyear 2024. *Two ETI flexo presses will be outfitted to vertically integrate face and liners paper to create pressure sensitive label stock. *One Mark Andy P9 flexo press will produce variable image labels. *One Mark Andy digital hybrid press will be installed to allow RRD to serve clients in a more rapid environment to address their ever-changing needs. This expansion comes amid a booming eCommerce market which, according to Statista, eCommerce revenue is expected to grow by 51% in the U.S. between 2024 and 2029, with expectations to surpass one trillion U.S. dollars. With this sustained growth comes increased demand for variable imaged labels, enabling RRD to provide end-to-end solutions to a range of clients of many sizes and locations.

*Reported revenue decreased 1.9% due to anticipated impact from divestitures, and comparable adjusted revenue increased 0.5% *First quarter GAAP diluted EPS was $0.06 and adjusted diluted EPS was $0.80 *Net income was $2.8 million, down from $9.7 million in the prior year *Adjusted EBITDA increased 0.8%, and comparable adjusted EBITDA increased 2.1%

The rebrand reflects Nahan’s growing suite of services that include marketing strategy, creative, data, and analytics — coupled with world-class print production and postal strategies — providing a fully integrated solution for its clients. The news follows on the heels of Nahan’s earlier announcement that it had expanded its direct mail capacity and geographic footprint through the acquisition of a Pennsylvania-based facility. “Our business has evolved dramatically in recent years, including an expansion of the services we offer, enhancements to our printing platform, and considerable additions to our leadership and management teams,” said CEO Mike Ertel. “We’re excited to unveil updated branding that more accurately reflects the company we’ve become, which is a one-stop-shop for our clients’ direct marketing needs.”