Friday, December 9, 2011

Transcontinental Inc. Reports 2011 Earnings

Transcontinental announced FY 2011 revenues of $2.044 billion, up 1% over last year.  Earnings were driven by its Printing sector as a result of new contracts and increased volume.  Adjusted operating income was $252.7 million, also up 1%.  Revenues for the fourth quarter were $537.5 million, down -3% as compared to the same quarter last year.  Adjusted operating income was $86.3 million, a decrease of -3%.