HP Commits to Title Sponsorship and Immersive Event Experience at PRINTING United Expo 2022 (piworld.com)

Net sales in the first quarter were $1.31 billion, up $138.8 million or 11.8% from the first quarter of 2021. While first quarter net sales decreased nearly $3 million due to changes in foreign exchange, the majority of the increase relates to higher client demand for most of the Company’s products and services, and price increases to partially offset inflationary cost increases. The Company experienced significant growth in Supply Chain Management, Commercial Print and Labels products. Organic net sales increased 12.0%. Loss from operations was $25.5 million in the first quarter of 2022 compared to income from operations of $25.1 million in the first quarter of 2021. The first quarter of 2022 included $64 million of expenses related to the merger, and net restructuring, impairment and other charges of $18.9 million which increased $13.1 million from the prior year period. Net loss from continuing operations of $58.4 in the first quarter of 2022 compared to $1.7 reported in the first quarter of 2021. The 2022 net loss from continuing operations reflects the increased loss from operations, higher income taxes and loss on debt extinguishment, slightly offset by lower interest expense.

HP showcased the HP Indigo V12 Digital Press to the labels and packaging industry for the first time alongside the HP Indigo 6K Digital Press and a wide range of solutions for sustainable packaging, automation and applications propelling new business opportunities. Many HP customers and partners, both longstanding and new, visited the HP booth. In total, 74 demonstrations of the HP Indigo V12 and 34 demonstrations of the HP Indigo 6K took place, giving attendees the chance to experience the capabilities of each press up close, and learn more about new business opportunities, including brand protection, smart packaging, sustainable packaging and diversification to flexible packaging.

R.R. Donnelley & Sons Company announces expanded operations in Sacramento, establishing a robust center of excellence for commercial print in Northern California as Pacific Standard Print (PSP). This strategic investment brings new and diverse capabilities to the region for the purpose of serving RRD client needs. After undergoing an extensive year-long renovation, PSP has increased capacity for digital, sheetfed, mailing and print fulfillment services. The new 136,000-square-foot location boasts upgraded, best-in-class digital presses, plus 40-inch offset, sheetfed presses. PSP will offer an elevated security infrastructure for data and mailing services with an increased volume of storage to support critical warehousing and fulfillment needs throughout the region. PSP clients will also benefit from the multitude of complementary services that RRD provides, including advanced analytics, email marketing, content and creative services. PSP has a rich history of delivering on the communication needs of a diverse client base. Whether it’s time-sensitive election-related print, one-to-one direct mail communications, secure healthcare requirements or retail solutions, PSP is uniquely positioned to help clients break through the complexity of their communications while driving out costs, increasing revenue, and mitigating risk.