RRD Closes Sale of its DLS Worldwide Logistics Business

Quad/Graphics, Inc. announced its participation at the retail industry’s foremost digital marketing conference, Shop.org, which will be held at the Los Angeles Convention Center on September, 25-27, 2017. The $4 billion company helps brand owners in a variety of industries, including retail, publishing and healthcare, market their products, services and content more efficiently and effectively. To do this, Quad/Graphics leverages its strong print foundation in combination with its deep expertise in workflow re-engineering and optimization, content management and personalized, multi-channel marketing. Quad/Graphics, in partnership with award-winning digital marketing agency Rise Interactive, uses consumer behavioral data to create personalized, multi-channel strategies that drive a greater return on marketing investment. This partnership is one example of the strategic alignments Quad/Graphics seeks to evolve its offerings and drive continued value across its customer base. Click Read More below for additional detail.

Financial Summary • Q4 GAAP earnings per share (EPS) from continuing operations of $0.36, down $0.05 from Q3 and down $0.81 YOY; FY GAAP EPS from continuing operations of $0.84, down $1.94 YOY. • $1.930 billion of Q4 revenue, up 9.2 percent or 8.5 percent in constant currency compared to Q3 and down 21.0 percent or 22.3 percent in constant currency YOY. • $7.022 billion of FY revenue, down 22.5 percent YOY or 22.7 percent in constant currency YOY. • Delivered $450 million of gross savings in 2020 under Project Own It. • Returned 112 percent of free cash flow to shareholders in 2020.

Konica Business Solutions U.S.A., Inc. announced leadership changes to support the company’s internal and customer-focused digital transformation strategy. The changes are designed to augment its Digital Experience-as-a-Service (DX-as-a-Service) and Internet of Things (IoT) strategy to add continuous value to its clients and dealer partners. Patrick Banno, currently the Head of the IoT Business Center in the U.S., will lead the North American business as President and CEO. He is replacing Rick Taylor, who will progress to serve in an independent advisory role to ensure a seamless continuation of the company’s strategies. Sam Errigo, currently serving as Executive Vice President, Sales and Business Development, has been promoted to Chief Operating Officer. Sam will lead the company’s strategy for operational excellence while enhancing digital agility to support a dynamically changing business environment and expansion into new markets.