Thursday, March 1, 2012

Cenveo Reports 2011 and Q4 Results

http://www.cenveo.com/news.htm

During the first quarter of 2012, Cenveo completed the previously announced sales of its Forms and Business Documents Group and its wide format paper business.
For the three months ended December 31, 2011, net sales were $486.5 million, as compared to $435.0 million for the same period in the previous year, an increase of 11.8%. For the year ended December 31, 2011, net sales were $1.9 billion, compared to $1.7 billion for the prior year, an increase of 11.7%. The increase in net sales was primarily due to the acquisition of MeadWestvaco Corporation's Envelope Product Group ("EPG"), and growth from direct envelope, custom label, content management, and specialty packaging product lines.